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I am a Canadian Citizen living in the US as a Green Card
Hi, I am a Canadian Citizen living in the US as a Green Card holder, but I am selling my property that I owned in Canada, I would like to understand my tax implications … read more
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I am looking for some legal help for my parents who are
Hello! I am looking for some legal help for my parents who are looking to sell their house in Canada. Thank you … read more
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I'm thinking of buying a condo in Ontario, Canada, as a gift
I'm thinking of buying a condo in Ontario, Canada, as a gift for my two daughters, aged 18 and 17. I would be paying cash. Can I put both of their names on the title even if one is still a minor? I wo… read more
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I'm looking to buy a condo in kelowna but in not currently
I'm looking to buy a condo in kelowna but in not currently residing in bC at the moment. I'm just torn between putting the property in my grand fathers name and adding myself as a co owner or buying it in my name...which me and higher mortagage down payment from my side as I'm living out of the country. I'm just not sure which will option will have the least tax implications on me in the long run. The goal is to use the property for rental as I wont be living in it. Same will apply if I were to coown with my grandfather who resides in bc, but wont be living in it either. It would be his first home purchase technically. It's been hard trying to get this info from afar as I live in dubai. … read more
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I have been living in Bermuda for the past 30 years and have
Hi, I have been living in Bermuda for the past 30 years and have my Bermudian status along with my Canadian. I have been married to a Bermudian for the past 20 years and have a 17 year old son who als… read more
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I have 5 different properties (i.e. not with houses) that I
I have 5 different properties (i.e. not with houses) that I purchased in Canada from 10 to 15 years ago. I am thinking of selling one of the properties. I contacted a person who claimed to be a tax sp… read more
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I have lived in the uk a number of years now.I am a canadian
i have lived in the uk a number of years now.I am a canadian citizen and british citizen as well. I was joint tenant on property in British Columbia Canada with my dad and mum who have passed away. I … read more
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Three siblings hold a condo in Florida as "tenants in common"
Three siblings hold a condo in Florida as "tenants in common" Our mother has the right of survivorship. Our father passed away in 2001. This condo is now being sold. The sale value is about $10,000 le… 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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I am a US citizen, and as of May 2011, a new Canadian Permanent
I am a US citizen, and as of May 2011, a new Canadian Permanent Resident. My largest asset, which is shares of an LLC owning a multifamily housing project in Denver, is in escrow. By year's end I expe… read more
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if I sale my house and transfer the money which I got ,to another
if I sale my house and transfer the money which I got ,to another country do I need to pay any tax(like exit tax) to canadian government? do I need to report it to the government? is there any procedu… read more
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I am a Canadian citizen who has just retired and returned to
I am a Canadian citizen who has just retired and returned to Canada after 25 years working overseas to reside in Ontario. I have taken back my property I purchased in 2008 from tenants and it is now m… read more
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We are retired and decided to move from Canada to the USA to
We are retired and decided to move from Canada to the USA to be with our children. In the spring of 2008 we put our home in Quebec (where we lived since 1985) on the market. The house did not sell, bu… read more
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Hi there,i am looking for some one to guide me on my tax
Hi there, i am looking for some one to guide me on my tax status as a non resident canadian. 1- if i buy a house in canada 2- if i transfer my assets into canada, which was earned outside canada thank… 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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In 2003 we were advised to transfer my parents canadian property
In 2003 we were advised to transfer my parents canadian property from my dad (US citizen-now deceased)to my mom (Canadian citizen) and then to their 3 adult children with 100% life use for my mother. … read more
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We are canadian nonresidents who want to reinvest profit from
We are canadian nonresidents who want to reinvest profit from sale of house in Canada to buy a different property. Do we have to pay capital gains tax if profit is reinvested immediately?… read more
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We are retired and considering moving to the U.S. due ...
We are retired and considering moving to the U.S. due to health reasons. We are U.S, citizens but have lived in Canada for 34 years. Our question is: If we sell our home in Canada, is the entire selli… read more
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