Deductible Interest Tracker

Investment Sale

Record this when you sell stocks or ETFs from your brokerage holdings.

What you enter

FieldRequiredDescription
DateYesSettlement date of the trade
SymbolYesTicker symbol of the security
UnitsYesNumber of shares sold (all or part of your position)
Price per unit or Total amountYesSale price per share, or total proceeds
FeeNoTrading commission (if not already deducted from total)

What happens

The proceeds split depends on whether you sold at a gain or loss:

At a gain (proceeds > cost base of shares sold):

  • The cost base portion is recovered pro-rata: borrowed recovery goes to Borrowed Cash, personal recovery goes to Personal Cash
  • The gain (proceeds minus cost base) goes entirely to Personal Cash
  • Deductible invested principal decreases by the borrowed recovery; Non-deductible principal increases by the same — this capital is no longer funding an investment

At a loss (proceeds < cost base of shares sold):

  • Proceeds are split pro-rata based on the position's borrowed/personal ratio
  • The unrecovered borrowed capital stays as deductible invested principal per the CRA's disappearing source rule — the investment is gone, but the debt retains its deductible character

In both cases, the holding's units, cost base, and borrowed cost base decrease proportionally. Recovered borrowed cost goes to Borrowed Cash; recovered personal cost plus any gain goes to Personal Cash.

Common questions

How are proceeds split? Based on the position's borrowed/personal cost ratio at time of sale. If 70% of cost was borrowed, 70% of the recoverable amount returns as borrowed cash.

What happens with partial sales? A proportional slice of cost base is removed. The remaining shares keep the same borrowed/personal ratio.

Do I need to record capital gains separately? No. The app calculates gain or loss automatically from proceeds vs. cost base.

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