Search found 1 match

by jrosser
Sat Nov 04, 2023 6:56 pm
Forum: Canada / United States Tax & Accounting
Topic: US resident lets relative live rent free in inherited Ontario Canada property. Tax consequences?
Replies: 1
Views: 8101

US resident lets relative live rent free in inherited Ontario Canada property. Tax consequences?

I am trying to figure out whether there will be any US tax consequences in the following proposed course of action: House in Ontario will be inherited by four siblings. One sibling is the US resident. Another sibling is the full time caregiver for the matriarch of the family and also currently lives...