Serbinski Accounting Firms

Thanks very much for the info..

Hi Nelson, I just saw your reply. Thanks. So, I understand what you mean about the existing rental property. It looks like less issues if we sell it before moving…

Would changing our primary home to a rental property when moving to the US be considered a “deemed dispositionâ€￾. Ie. We should get a market value assessment before moving so there would be no capital gains taxable on existing gains ?

Ok, got it and thanks for the quick response.

Hi, my wife may be transferred shortly to NC on an L visa and we had a question about capital gains maybe someone could please help with. We own a house as well as a rental property in Canada. If transferred, we were thinking of renting out our primary house and selling the rental property. Would ...