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You do pay tax on the rental income as income.
Again there would not be a double taxation situation as you would get credit for this in the US.
They way this is supposed to work is the tenant is supposed to collect the tax (another withholding tax) and submit to the Canada Revenue Agency.
There is no limit to what you can own in most cases.
There may be some limits for farms but that depends on the province and is very complex. You would need to consult with a local lawyer for this issue.
Property taxes are based on the valuation of the property.
Glad to see your question is no longer stuck in some cyberspace glitch.
Again there would not be a double taxation situation as you would get credit for this in the US.
They way this is supposed to work is the tenant is supposed to collect the tax (another withholding tax) and submit to the Canada Revenue Agency.
There is no limit to what you can own in most cases.
There may be some limits for farms but that depends on the province and is very complex. You would need to consult with a local lawyer for this issue.
Property taxes are based on the valuation of the property.
Glad to see your question is no longer stuck in some cyberspace glitch.
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