Serbinski Accounting Firms

Dear Nelsona thanks for your response. I understand the part about I would be responsible for any gains from when I left to when I sell. May I ask, why would I need to know the fmv of the property when I started renting it? For what calculation? I have a property manager that is affiliated with a re...

Good morning, Me and my husband left British Columbia in 2013 and filed a departure return listing our assets including our house. I believe I filed an election to defer any gains (but honestly I can't find my paperwork on this). We started renting our house in 2019 and paying CRA 25% taxes on a mon...

Good afternoon, First would like to say thank you to everyone involved with answering questions and keeping this board running. I have been reading some old threads on being executor and have decided against this (for family in Canada) as the reporting requirements seem like a headache. However, I a...

Hello, We pretty much got up and moved from Canada to USA with no preparation and were very disorganized. We decided to pay back the HBP and were too late (missed the deadline by a few months). So this is a 2 part question: 1) I understand that we must include the full amount of the HBP that we did ...