Serbinski Accounting Firms

Thanks nelsona for your response.

so if I understand correctly, as long as I sell my condo within one year of moving to US (Apr 2020), I will not pay any tax of capital gain. is that correct?
Does that change if say I return back to Canada in 2021 and sell my condo at that time?

Hi,

I'm moving to US in this April for a new job on TN visa. I'm deciding if I should sell my primary resident condo property now or rent out.

if sell right now, then no tax consequence.
if rent, and sell later, with below timeline:
- Dec 2015 - Bought Primary resident condo property in Canada ...