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Seven years ago my sister and I purchased a home in Quebec.
Hello, seven years ago my sister and I purchased a home in Quebec. My primary residence is in Ontario, my sister and mother have lived in the Quebec home since it's purchase. We had agreed at some poi… read more
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My aunt (my late father's sister) is a U.S. citizen and
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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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My uncle would like to sell me his 1/2 of a family cottage.
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I need some advice on property sale in BC. No I have not,
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Parents have property& cottage in Ontario Canada. Parents,
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How does the sale of Canadian property that belongs in
How does the sale of Canadian property that belongs in partnership to US citizen … read more
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what are the tax consequences to the deceased (estate) and
what are the tax consequences to the deceased (estate) and beneficiaries (inheritors) when a Canadian parent passes away and their personal residence is passed on to the estate? In this case, two bene… read more
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Around 20 years ago, my Dad bought a property for me as I didnt
Around 20 years ago, my Dad bought a property for me as I didn't have the cash at the time. We basically had it as a rent to own deal. I paid rent every month. He used this to pay the mortgage and too… read more
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I converted my property from a bungalow to a 2 storey duplex
I converted my property from a bungalow to a 2 storey duplex House valued $225,000 I lived in the bottom part for 18 years I moved out in 2003 and rented the bottom part and the top part House value $… read more
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US citizen owns a Canadian property. US citizen dies and wills
US citizen owns a Canadian property. US citizen dies and wills property 50/50 to two children. One child is us citizen. The other is a Canadian citizen. The capital gain is appx $100,000. What are the… 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 sister and myself have inherited an income property in Toronto
My sister and myself have inherited an income property in Toronto Ontario. My did is still living in his principal residence. We decided to sell the property, because neither of us wants the hassle of… read more
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My husband and I have been separated for about 12 years. We
My husband and I have been separated for about 12 years. We are in the process of separating and dividing up family assets. I live in the family home and he has been living with a common law spouse fo… read more
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Is it possible to purchase property in Canada and get a tax
Is it possible to purchase property in Canada and get a tax break in the U.S. for the mortgage? Also, if such property needed to be sold, I heard Canada takes a huge chunk of value of property. Is tha… 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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I own a property and I would like to leave it to my daughters
I own a property and I would like to leave it to my daughters when I die. I made a will, but don't really want them to go through the probate business. I prefer to make them joint owners to avoid all … read more
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Hello, My grandmother is the sole owner of a cottage on
Hello, My grandmother is the sole owner of a cottage on Lake Huron (Ontario) in Canada that has been in our family since 1916. There is no mortgage on the cottage and it is valued at roughly 700-900k … read more
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