Search found 17 matches

by canuck_girl999
Thu Apr 04, 2019 4:02 pm
Forum: Canada / United States Tax & Accounting
Topic: Can I use 100% bonus depreciation allowance - computer - Canada real estate
Replies: 0
Views: 435

Can I use 100% bonus depreciation allowance - computer - Canada real estate

Hey there. I'm a Canadian citizen / US resident on a TN for last few years. I bought a computer in Canada in 2018 for my rental properties in Canada. I want to put this computer under my Canadian rental properties so wondering if it can be a depreciatied on one of the properties, but more importantl...
by canuck_girl999
Tue Feb 14, 2017 9:22 pm
Forum: Business & Personal Immigration to the United States
Topic: Moving back to Canada
Replies: 8
Views: 9061

Never mind Nelson.

I tore open boxes and finally found the TN supporting page that I printed out originally.

Thanks.
by canuck_girl999
Tue Feb 14, 2017 8:49 pm
Forum: Business & Personal Immigration to the United States
Topic: Moving back to Canada
Replies: 8
Views: 9061

Thanks Nelson. However I can't find the I94 record I printed out originally and as I've crossed over between Canada and US a number of times in the last 2 years I'm concerned that when my 3 year TN is up, I'm not sure how to get the paper copy. I looked online and the CBP site only seems to let you ...
by canuck_girl999
Sat Feb 11, 2017 5:47 pm
Forum: Business & Personal Immigration to the United States
Topic: Moving back to Canada
Replies: 8
Views: 9061

What I meant was that when you have a 3 year TN and it's not the piece of paper anymore but a stamp in the passport filled in, what do you do?
by canuck_girl999
Sun Jan 29, 2017 7:50 pm
Forum: Business & Personal Immigration to the United States
Topic: Moving back to Canada
Replies: 8
Views: 9061

If the TN is a 3 year stamp and there's still some runw on it, what do you do?
by canuck_girl999
Tue Nov 01, 2016 6:32 pm
Forum: Canada / United States Tax & Accounting
Topic: US resident, CDN citizen - create a will
Replies: 5
Views: 959

One more clarification Nelson. If I didn't have a US will and moved back let's say in 1 month, could I then alter my will in Canada to address the US IRA as well? What I'm wondering is does there need to be any US will? or will altering the Canadian one once I'm resident of Canada again be okay? ( I...
by canuck_girl999
Tue Nov 01, 2016 6:27 pm
Forum: Canada / United States Tax & Accounting
Topic: US resident, CDN citizen - create a will
Replies: 5
Views: 959

Thank you Nelson.
by canuck_girl999
Mon Oct 31, 2016 4:13 pm
Forum: Canada / United States Tax & Accounting
Topic: US resident, CDN citizen - create a will
Replies: 5
Views: 959

US resident, CDN citizen - create a will

I realize this might not be totally a tax question but would effect my estate's final taxes hugely if handled improperly I'm guessing. I have a will in Canada. I was advised by the Canadian lawyer that I should have a will in the US as well, as otherwise it could be a problem. My situation is that I...
by canuck_girl999
Tue Apr 05, 2016 1:55 pm
Forum: Canada / United States Tax & Accounting
Topic: US resident - CDN rental - depreciation of roof
Replies: 3
Views: 873

Thanks for answering Nelson.

However, I'm referring to my US taxes not Canadian. Are you saying the answer lies in the CCA documentation?
by canuck_girl999
Mon Apr 04, 2016 12:45 pm
Forum: Canada / United States Tax & Accounting
Topic: US resident - CDN rental - depreciation of roof
Replies: 3
Views: 873

US resident - CDN rental - depreciation of roof

I know that my rental real estate that I have in Canada must be depreciated over a 40 year schedule as apposed to usual 27.5 years on my US taxes.

However, for over items such as a new roof, a new furnace, etc. do I depreciate over 40 years as well or can I use the 27.5 years method.

Thank you.
by canuck_girl999
Sat Feb 07, 2015 7:38 pm
Forum: Canada / United States Tax & Accounting
Topic: Sep IRA -> IRA transfer
Replies: 3
Views: 1066

Thanks Nelsona.
by canuck_girl999
Sat Feb 07, 2015 5:02 pm
Forum: Canada / United States Tax & Accounting
Topic: Sep IRA -> IRA transfer
Replies: 3
Views: 1066

Can no one help me with this or suggest somewhere to find out?
by canuck_girl999
Tue Feb 03, 2015 5:18 pm
Forum: Canada / United States Tax & Accounting
Topic: Sep IRA -> IRA transfer
Replies: 3
Views: 1066

Sep IRA -> IRA transfer

I had 2 accounts with TD Ameritrade - one had my LLC Sep-IRA money and the second is my personal, regular IRA. I wanted to close the Sep-IRA and move the funds into my personal IRA, so advised TD Am. of this in 2014. Now with forms being created, etc. they have not generated a 5498 or 1099-R. The mo...
by canuck_girl999
Tue Feb 12, 2008 3:40 pm
Forum: Canada / United States Tax & Accounting
Topic: IRA -> Roth - tax hit and survivor benefit question
Replies: 3
Views: 2010

IRA -> Roth - tax hit and survivor benefit question

I've been reading the threads concerning the IRA -> Roth IRA conversion and sure think it come in handy for my situation (canadian citizen, us resident). However, a couple of answers would be great (once, of course, it's ratified by Canada). 1. Let's say I had $100K US in my traditional IRA. If I re...
by canuck_girl999
Thu Mar 08, 2007 10:20 pm
Forum: Canada / United States Tax & Accounting
Topic: Can I contribute to SEP IRA and traditional IRA?
Replies: 0
Views: 1353

Can I contribute to SEP IRA and traditional IRA?

I am a 1099 and about a month ago, I sent in my $4,000 for 2006 traditional IRA and another check for $4,000 for an early contribution towards my 2007 traditional IRA. Then I found out I could contribute about $22K to a SEP-IRA for 2006. So, I opened a SEP-IRA account. I then contributed the $22K to...