Search found 3 matches

by globalite
Thu Oct 16, 2014 11:13 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian Property
Replies: 4
Views: 1835

Thanks for your knowledge Nelsona
by globalite
Thu Oct 16, 2014 9:36 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian Property
Replies: 4
Views: 1835

Thanks for the response nelsona. So, I close my TFSA and then close my RRSP. However, if my RRSP is gaining, even once I stop contributing due to existing funds, I'll then have to declare this as a gain in US taxation? Hence why I was planning on just closing and cashing out. Is this still not a wis...
by globalite
Wed Oct 15, 2014 9:14 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian Property
Replies: 4
Views: 1835

Canadian Property

Evening All, I put 20% down on a new condo being built in Canada, ready in mid-2016. I have T4 till November and will likely have W2 in US under L1/H1 visa for a 2 year or longer project there. I also have TFSA and RRSP, and based on other posts in this thread, it sounds like a good idea to close ou...