If you prepay one (or more) of your rental property expenses, such as insurance, that covers a period of 12 months or less, and the period ends on or before June 30, you can claim an immediate deduction. A prepayment that does not meet these two criteria and is $1,000 or more may have to be spread out over two or more years. Aug 07, 2017 · Before the inspection you can figure out what sort of damage the leasing company is looking for. "A good place to start is to go to the manufacturer's website and read what they allow," Hall says. When you do get a BCDL, and you bring a record of your clean driving history from another province or country within 6 months of the start of your insurance policy, you will get a discount, pro-rated back to when you applied for the insurance, according to my conversation with ICBC, British Columbia's public vehicle insurer.