Search found 3 matches

by yankee_canuck
Mon Oct 28, 2013 9:30 am
Forum: Canada / United States Tax & Accounting
Topic: Tax implication of US citizen with US investment property
Replies: 3
Views: 1470

Thank you for reply. I was leaning towards holding it personally too. If relocating to Canada, does CDN law require reporting US income rental income if residing less than 183 days/yr?
by yankee_canuck
Fri Oct 25, 2013 12:29 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax implication of US citizen with US investment property
Replies: 3
Views: 1470

Tax implication of US citizen with US investment property

Hello, I have investment property which generates positive cash flow and potential capital gain longer term. I'm considering transferring deed from US LLC to US citizen and relocating to Canada. I know need to file US tax return in Canada. But was curious about the tax implications of having investm...
by yankee_canuck
Fri Oct 25, 2013 11:46 am
Forum: Business & Personal Immigration to Canada
Topic: Tax implication of US citizen with investment property
Replies: 3
Views: 5447

Tax implication of US citizen with investment property

Hello, I have investment property which generates positive cash flow and potential capital gain longer term. I'm considering transferring deed from US LLC to US citizen and relocating to Canada. I know need to file US tax return in Canada. But was curious about the tax implications of having investm...