Serbinski Accounting Firms

Thanks for the response.

I moved to the U.S a couple of years ago. Before I left, my accountant had filed a Rev Proc 2002-23. I didn't file the 8891 since I've been here and want to do a 1040-x and submit them. I have read many many articles in this forum on the form but I don't understand some of the entries. I am assuming ...

Correct

Thanks for the advise. Yes, now I realize how much of a hole I've dug for myself.

The 85/15 split occurred when I originally bought the house. My parents put up 15% and I put up the rest but the house was just put in my name.

I may take on the debt on my side through my own equity in the house I ...

I lived in Canada my whole life pretty much and moved to the U.S. four years ago. I am a dual-citizen.

Before I left Canada to move to the U.S., I owned a house (title in my name) but really I own 85% and my parents own 15%. When I left, at someone's advise, I legally transferred the house to my ...