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Anna Osinski acquired a townhouse unit in 2020 for $120,000(land $10,000, building $110,000). She bought...

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Accounting

Anna Osinski acquired a townhouse unit in 2020 for $120,000(land $10,000, building $110,000). She bought the unit in order to rent it.
By the end of 2022, the undepreciated capital cost of the building was $103,500. In August 2023, Anna decided to live in the unit
herself. At that time, similar townhouses were selling for $136,000(land $12,000, building $124,000). Prior to August, her 2023 net
rental income before capital cost allowance was $1,000.
In September 2023, Anna purchased, for rental purposes, a residential condominium unit for $145,000(land $15,000, building
$130,000. Between September and the end of the taxation year, the condo earned net rentals of $900 before capital cost allowance.
Required:
Determine the Change to Anna's 2023 net income for tax purposes as a result of the above activity.
Change to net income
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