Serbinski Accounting Firms

Thank you for your reply. Helpful context. The Canadian advice I received is to hold the condo in a Canadian holdco which will avoid this administrative burden as the holdco will be a resident for tax purposes. Doing it personally feels like a lot of time and administrative headache that I would rat...

Thank you for your reply. Are there accounting issues for me as a U.S. resident controlling a foreign corporation in BC that would be the owner of the condo? It is somewhat easier from an administrative and reporting perspective in Canada to do the transaction this way and I am also limiting my pers...

Hi Nelsona - I had a follow up question on this topic and found this link which is helpful. I am a U.S. resident (Canadian citizen living in US with green card) and going to take possession of a condo in BC which i intend to rent out. I am being advised that I should set up a BC based holding compan...