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by Alison
Sat Feb 13, 2016 12:07 pm
Forum: Canada / United States Tax & Accounting
Topic: Disposition of property in Canada by U.S. Resident - urgent!
Replies: 1
Views: 1418

Disposition of property in Canada by U.S. Resident - urgent!

Is the "gift" or transfer of ownership of property to one of my children in Canada an acceptable form of "disposition", as opposed to selling it to a 3rd party?

The house is not rented or occupied. By transferring ownership to a relative, would I qualify for the exemption which I believe would ...