Serbinski Accounting Firms

"Full responsibility" as in my Canadian partner will be collecting and reporting ALL the rental income and expenses to the CRA. I'm simply a co-owner by name of the condo in Canada. If that is the case, do I still report the rental income to the IRS?

If I am a co-owner of a condo in Canada and my Canadian partner is taking full responsibility of rental income and expenses, do I need to report this in my US taxes? I'm a US resident with a green card, but purchased the condo when I was living in Canada.

I'm moving to the US in the next few months and I'm the sole owner of an IT consulting CCPC with under $400k in assets/earnings. I was advised to cash out all my assets through dividends prior to leaving the country to avoid a departure tax. If I were to do that, should I consider dissolving my corp...