Search found 8 matches

by LucilleLoveland
Tue Apr 23, 2024 7:11 am
Forum: Canada / United States Tax & Accounting
Topic: Definition of world wide income for Canadian section 217
Replies: 4
Views: 98

Re: Definition of world wide income for Canadian section 217

I remember when I moved to a different state and had to figure out my tax situation all over again. It's like a whole new world of forms and regulations! As for your question, I believe the world income for section 217 typically refers to your household income, including both yours and your spouse's...
by LucilleLoveland
Tue Apr 23, 2024 7:11 am
Forum: Canada / United States Tax & Accounting
Topic: Definition of world wide income for Canadian section 217
Replies: 4
Views: 98

Re: Definition of world wide income for Canadian section 217

I remember when I moved to a different state and had to figure out my tax situation all over again. It's like a whole new world of forms and regulations! As for your question, I believe the world income for section 217 typically refers to your household income, including both yours and your spouse's...
by LucilleLoveland
Mon Sep 19, 2022 7:18 am
Forum: Business & Personal Immigration to Canada
Topic: Business Tax Question American moving to Canada *web design
Replies: 4
Views: 16226

Re: Business Tax Question American moving to Canada *web design

Hi! The guys above really thank you very much for sharing, really useful information
by LucilleLoveland
Mon Aug 22, 2022 3:10 am
Forum: Canada / United States Tax & Accounting
Topic: Real estate investment in US and depreciation consequences
Replies: 16
Views: 9629

Re: Real estate investment in US and depreciation consequences

NaletDaskon wrote: > NaletDaskon wrote: > My friend works at renting a house near the beach. She says that the tax is > rising yearly, and she may have a lesser profit because she can't change > the price that much. That's why buying real estate now is not as profitable > as it used to be many years...
by LucilleLoveland
Thu Jul 14, 2022 2:55 pm
Forum: Canada / United States Tax & Accounting
Topic: Real estate investment in US and depreciation consequences
Replies: 16
Views: 9629

Re: Real estate investment in US and depreciation consequences

It's sad, of course, but there's nothing you can do about it. The most logical thing is to increase the Cdn tax due to currency changes. In general, here you need to read about it on the Internet or even consult with a specialist. I have been investing in real estate for a long time, and recently my...
by LucilleLoveland
Thu Jul 14, 2022 2:53 pm
Forum: Canada / United States Tax & Accounting
Topic: Real estate investment in US and depreciation consequences
Replies: 16
Views: 9629

Re: Real estate investment in US and depreciation consequences

It's sad, of course, but there's nothing you can do about it. The most logical thing is to increase the Cdn tax due to currency changes. In general, here you need to read about it on the Internet or even consult with a specialist. I have been investing in real estate for a long time, and recently my...
by LucilleLoveland
Thu Jun 30, 2022 1:47 pm
Forum: Canada / United States Tax & Accounting
Topic: Real estate investment in US and depreciation consequences
Replies: 16
Views: 9629

Re: Real estate investment in US and depreciation consequences

It's sad, of course, but there's nothing you can do about it.
by LucilleLoveland
Thu Jun 02, 2022 6:54 am
Forum: Canada / United States Tax & Accounting
Topic: Investing Canadian money while being an American Resident
Replies: 13
Views: 9144

Re: Investing Canadian money while being an American Resident

You need to contact financial specialists about this issue.