Serbinski Accounting Firms

A trust declaration sounds like a good idea. If I create a trust declaration whereby I have 50% legal ownership of the property and my sister remains the sole trustee of the property will she bear all tax implications? i.e she will have to pay property taxes, declare 100% of the rental income, etc? ...

Hi there, I am a Canadian citizen working in the US since 2005 and thus a non-resident of Canada. I plan to purchase a property with my sister who is a Canadian citizen and resident of Canada. The title of the property will show joint ownership between me and my sister. My sister plans on living in ...