Search found 4 matches
- Tue Dec 06, 2005 5:54 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Capital Gain on Canadian House
- Replies: 1
- Views: 2923
Capital Gain on Canadian House
We bought our home in 1996. We moved to the US, declared US residency (L1/L2 visas) for work and rented it out from mid 2002 to the end of 2005. We are returning to Canada, into our home in the beginning of 2006, and are considering selling it in 2006 or 2007. I am curious how the capital gains are ...
- Fri Dec 02, 2005 11:40 am
- Forum: Canada / United States Tax & Accounting
- Topic: Currency Exchange - better rates than the banks.
- Replies: 8
- Views: 7688
Currency Exchange - better rates than the banks.
I am moving back to Canada and will have a good chunk of US dollars to exchange. I have found that the large banks do not have a very favourable exchange rate. I am considering using a foreign exchange company, such as Custom House (customhouse.com), as US to C$ rate seem to be 1-2% better. This can...
- Fri Dec 02, 2005 11:32 am
- Forum: Canada / United States Tax & Accounting
- Topic: L1/L2 moving back to Canada
- Replies: 3
- Views: 4673
Thanks We are cashing in her stock options before she leaves so that they will be taxed in the US. We have US stocks from employee stock purchase plans and we will bring them back to Canada. As I understand, we would not be liable for and capital gains as we are no longer US residents. From a Canadi...
- Thu Dec 01, 2005 11:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: L1/L2 moving back to Canada
- Replies: 3
- Views: 4673
L1/L2 moving back to Canada
My wife and I have been living and working in the US for 2 1/2 years with an L1/L2 Visa and are returning back to Canada. My Wife (L1) visa is starting a new job in Vancouver on January 16. I will continue to work in the US until the end of January and return for February. We will move back into our...