Search found 6 matches

by wpower6
Tue Apr 27, 2021 2:24 am
Forum: Canada / United States Tax & Accounting
Topic: Moved to US, should I keep one Canadian credit card?
Replies: 3
Views: 1593

Re: Moved to US, should I keep one Canadian credit card?

nelsona wrote: > Anyone is allowed to keep a Cn credit card while leaving in US and with a > US address. We have for many years. Also a Cdn bank account is useful for > any future Cdn transactions you will (not might) have. Credit rating is a > secondary reason. Was there a particular reason you clo...
by wpower6
Fri Apr 09, 2021 2:57 am
Forum: Canada / United States Tax & Accounting
Topic: Moved to US, should I keep one Canadian credit card?
Replies: 3
Views: 1593

Moved to US, should I keep one Canadian credit card?

Hi folks, I moved to the US and closed all my Canadian credit cards. A friend told me that I should at least keep one card to keep my credit file active in Canada, in case if I may move back in the future. I am wondering if it is feasible to keep a Canadian credit card if I am using US address? I st...
by wpower6
Mon Jul 27, 2020 11:31 am
Forum: Canada / United States Tax & Accounting
Topic: Tax planning while leaving Canada: investments, and house
Replies: 4
Views: 1951

Re: Tax planning while leaving Canada: investments, and house

Thank you for the quick response Nelsona. And great to see you here in addition to the TN forum in which you also provided a lot of help to people! Really appreciate that! Another question if you and others in the forum don't mind, should I sell all my Canadian dollar based mutual funds or ETF? I re...
by wpower6
Sun Jul 26, 2020 10:44 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax planning while leaving Canada: investments, and house
Replies: 4
Views: 1951

Tax planning while leaving Canada: investments, and house

Hi everybody, when I leave Canada, should I sell all my stocks and funds in my TFSA and close the account asap? Is there a certain deadline that I should complete these actions (say before the first year of return, or 2nd year of return?). Sadly I do have several stocks that have unrealized losses, ...
by wpower6
Sun Jul 26, 2020 10:31 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax preparation questions for moving to California
Replies: 3
Views: 1764

Re: Tax preparation questions for moving to California

Thank you Calvin! Thank you very much for the suggestion.I will be on TN status so it's supposed to be temporary Therefore need to keep some Canada tie, and one way to do that is to keep the house in Canada. calvin_g wrote: > Went through the exact same thing 15 years ago except I was completely > i...
by wpower6
Sat Jul 18, 2020 11:44 am
Forum: Canada / United States Tax & Accounting
Topic: Tax preparation questions for moving to California
Replies: 3
Views: 1764

Tax preparation questions for moving to California

Hi folks, I am moving to California from Canada very soon. Have been browsing posts here they are very helpful! I understand everybody's case is a bit different, so hope you can help provide some clarification to my situation. Thanks a lot! My situation: All investment are in RRSP and TFS. And unfor...