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I have purchased a cottage lot and put it in my company name
please. I have purchased a cottage lot and put it in my company name and as such did not pay any hst. There is no building on the property and has not been rented out at all. I was thinking of putting… read more
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I want to buy a 1.81 acre recreational rental zoned property
I want to buy a 1.81 acre recreational rental zoned property with 6 cottages and 1 residence for the owner. I want to sell the cottages individually and charge the owners of the purchased cottages a y… read more
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My uncle would like to sell me his 1/2 of a family cottage.
My uncle would like to sell me his 1/2 of a family cottage … read more
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Parents have property& cottage in Ontario Canada. Parents,
Parents have property& cottage in Ontario Canada. Parents, children and grandchildren are all US citizens. We need estate planning and tax advice. Is a Canadian will needed to leave property to the ch… read more
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If a credit union has a mortgage of 54,000 and they are
If a credit union has a mortgage of 54,000 and they are using the city house and the cottage (cottage value at least 700, 000.00 to 800,000) the city house is being sold now can they not lift the hous… read more
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I appreciated your help last time. My headache continues. I
I appreciated your help last time. My headache continues. I have decided to renounce my co-exector role for my late father's estate as I am a U.S. citizen. My sister takes over being the sole executor… read more
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I am a Canadian citizen and a us resident, who lives in the
I am a Canadian citizen and a us resident, who lives in the U.S. My parents live in Ontario and I also have a brother, who lives in Ontario as well. Can I be an executor of my parent's will along with… read more
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Hi. if a U.S. Citizen has landed immigrant status in Canada
Hi. if a U.S. Citizen has landed immigrant status in Canada and is married to Canadian citizen, and they own property in both Canada and the U.S., which country's laws or court system have jurisdictio… read more
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My mother is a Canadian citizen living in Ontario (Toronto)
My mother is a Canadian citizen living in Ontario (Toronto) and I am a duel citizen living in MN. My mother (no spouse) owns a house (free and clear) and I, as the only child, will inherit the estate … read more
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Strangely enough I do have a question regarding the "gifting"
Strangely enough I do have a question regarding the "gifting" of property that is not my prime residence. I am looking to gift a cottage to my daughter. What are the Canadian and Ontario tax implicati… read more
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My wife, sister in law, and brother in law have joint ownership
My wife, sister in law, and brother in law have joint ownership of a cottage in Ontario with thier parents, who are recently deceased. Should they be paying an inheritance tax on the 1/4 of the value … read more
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Canadian tax question. Took brother off deed to family cottage
Canadian tax question. Took brother off deed to family cottage in Ontario prior to his divorce 6 yers ago. Now that all is settled I want to put him back on. Is there any problem or expense to do that… read more
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About 10 years ago my father was approached by an investment
About 10 years ago my father was approached by an investment group involved in taking existing RRSP funds in Ontario and transferring them to a third party Mortgage company in Alberta called " Canadia… read more
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I am a Canadian citizen living in the US for many years. I
I am a Canadian citizen living in the US for many years. I would like to create a Canadian corporation to facilitate the following business model: - customer visits my website - customer purchases sof… read more
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My deceased maternal grandmother was a Canadian citizen, yet
My deceased maternal grandmother was a Canadian citizen, yet lived most of her adult life in the US.(She was married in Puerto Rico to an American citizen.) My paternal great grandparents built a cott… read more
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Hi - I need clarification, please. This is with canadian and
Hi - I need clarification, please. This is with canadian and u.s. citizens. When my grandfather died, my grandmother (both Canadian citizens) did not want to co-own the house with my mother so she gif… read more
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I am a Canadian citizen, living in Ontario. My wife is a non-resident.
I am a Canadian citizen, living in Ontario. My wife is a non-resident. Is it possible to add my wife's name to my principle residence? If it is possible, how much would it cost? Are there tax implicat… read more
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My Father owned a home plus a cottage on an Island. He sold
My Father owned a home plus a cottage on an Island. He sold the home in 2007 and passed away in 2008. The cottage on the island was transferred to four children previous to hid death. Is the cottage p… read more
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