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- Tue Mar 05, 2024 2:35 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian non-resident with land inheritance
- Replies: 1
- Views: 769
Canadian non-resident with land inheritance
Hello - I am an American citizen and Canadian non-resident. My family owns a farm in Canada and I have rights to some of the land. What are the tax consequences of inheriting farmland as Canadian non-resident. The value is estimated at over 2 million dollars. I have been told I could have a serious ...