Search found 2 matches

by Coconut
Wed Jul 06, 2005 2:34 pm
Forum: Canada / United States Tax & Accounting
Topic: Supporting parents in Canada
Replies: 3
Views: 4844

What about mortgage? I am going to buy a house for them in Canada. Is it a good idea to put my name in the house, of course, in terms of taxs?
by Coconut
Wed Jul 06, 2005 12:36 pm
Forum: Canada / United States Tax & Accounting
Topic: Supporting parents in Canada
Replies: 3
Views: 4844

Supporting parents in Canada

Let's say I will need to finanically support my parents who live in Canada, and I have been living in the US for years and have Green card. Is there anything we can do to maximize the total tax deductions?