You can usually claim capital cost allowance on a property only when it becomes available for use.

Property other than a building usually becomes available for use on the earlier of:

• the date you first use it to earn income
• the second tax year after the year you acquire the property
• the time just before you dispose of the property
  
• the time the property is delivered or made available to you and is capable of producing a saleable product or service

A building or part of a building usually becomes available for use on the earlier of:

• the date you start using 90% or more of the building in your business
• the second tax year after the year you acquire the building
  
• the time just before you dispose of the building

A building that you are constructing, renovating, or altering usually becomes available for use on the earlier of:

• the date you complete the construction, renovation, or alteration
• the date you start using 90% or more of the building in your business
• the second tax year after the year you acquire the building
  
• the time just before you dispose of the building

Forms and publications

• Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income