Search found 2 matches

by traveler
Wed May 09, 2012 12:19 pm
Forum: Canada / United States Tax & Accounting
Topic: Changes of Use tax
Replies: 3
Views: 2193

Nelsona, The house was never my principal residence. It was purchased as an investment property - I had internded to rent it out from the start, but being part of a startup business got in the way and I just did not have the time to pay attention to it. The fact that it has not seen rental income fo...
by traveler
Wed May 09, 2012 12:49 am
Forum: Canada / United States Tax & Accounting
Topic: Changes of Use tax
Replies: 3
Views: 2193

Changes of Use tax

I am a UK citizen with US Green Card and own a house in Canada that was purchased in 2004. It was used by an employee of my company for a year on secondment to Canada (rent free) and, except for a few overnight stays by myself, has sat vacant ever since. I am looking to convert the property to a ren...