Thanks for your response! I have some follow-up questions.
1) Will a 1-year lease satisfy the "permanent home" condition in the Can-US tie-breaker rules?
2) Does it matter if I rent at or below fair market value?
3) Does it matter that I'm renting to my parents who are at non-arm's length?
If i'm ...
Search found 3 matches
- Sun Jun 06, 2021 5:00 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Moving to the US, buying Canadian Property
- Replies: 5
- Views: 4921
- Sun Jun 06, 2021 3:11 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Moving to the US, buying Canadian Property
- Replies: 5
- Views: 4921
Re: Moving to the US, buying Canadian Property
I'd also appreciate if folks could point out the relevant tax forms I'd need to fill out, as well as recommendations for accountants who could help out.
- Sun Jun 06, 2021 3:09 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Moving to the US, buying Canadian Property
- Replies: 5
- Views: 4921
Moving to the US, buying Canadian Property
Hi all,
On June 20th, 2021, I'll be moving to California on a TN visa for work. I currently work as a Canadian employee for the same company but will become a US employee on the date mentioned earlier. As well, I've just purchased a property in Canada for my parents to live in, and it'll close on ...
On June 20th, 2021, I'll be moving to California on a TN visa for work. I currently work as a Canadian employee for the same company but will become a US employee on the date mentioned earlier. As well, I've just purchased a property in Canada for my parents to live in, and it'll close on ...