Serbinski Accounting Firms

Thanks for the information.

We purchased the land and had the the property built all through a Canadian based company for the very reason of not having to deal with the local development, construction etc. We do not speak Spanish. We determined FMV by looking at other properties for sale.

Some much needed help from you kind people. I own a vacation home in Honduras purchased in 2006. We moved from Canada to US on L1A visa in October of last year. When filing my departure tax do I include this property on my T1243 and pay capital gains assuming I have some? I see form T1161 which look...

Thanks for the reply. So in 4 years, which country do I pay the capital gains to?

Richl

I need help deciding on whether to sell or rent our primary residency here in Canada. We are moving (most likely permanently) to Houston Tx and we are wondering if there is a benefit (tax wise) to selling our house before we go or using it for rental. My specific question pertains to Capital gains. ...