Search found 2 matches

by Bullmoose
Fri Nov 23, 2007 7:36 pm
Forum: Canada / United States Tax & Accounting
Topic: Purchasing Real Estate versus Renting in Ontario
Replies: 2
Views: 2693

Purchasing Real Estate versus Renting in Ontario

If we accept employment in Ontario, what are the real estate rules? Is it better to purchase real estate or rent? I understand that there are not interest deductions in Canada for interest on mortgages, etc. We own property in the US, but have not yet built a home on it. We are considering building ...
by Bullmoose
Fri Nov 23, 2007 7:32 pm
Forum: Canada / United States Tax & Accounting
Topic: Husband and Wife Team being offered employment in Ontario...
Replies: 1
Views: 2024

Husband and Wife Team being offered employment in Ontario...

My husband and I have been offered employment in Ontario. We are very concerned about the tax implications. While the offered income is greater than what we are currently making in the US, we've heard that we will actually lose money at the bottom line due to taxation across both countries. If all o...