Search found 3 matches

by iammadhu
Fri Sep 18, 2020 11:16 am
Forum: Canada / United States Tax & Accounting
Topic: Investing CAD funds
Replies: 1
Views: 837

Investing CAD funds

Canadian Citizen moved to USA and got green card. However, i have 100K CAD sitting in a bank in canada. I don't want to convert it to USD and move funds. Is there an option to buy canadian stocks? my canadian bank said i can't buy mutual funds in canada - Can i move the CAD to US brokerage firm and ...
by iammadhu
Sun Jul 23, 2017 7:19 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian Citizen working in USA - mutual funds long term
Replies: 1
Views: 1319

Canadian Citizen working in USA - mutual funds long term

Hi,
Am canadian citizen working/living in USA and have some CDN funds in canadian bunk... I want to invest in canadian mutual funds.

If i just buy and don't sell, do i still have to report 'gains' as income to IRS yearly? or is it only applicable when i sell?

Thanks.
by iammadhu
Wed May 10, 2017 2:17 pm
Forum: Canada / United States Tax & Accounting
Topic: Investing in real estate canada as non-resident
Replies: 1
Views: 1305

Investing in real estate canada as non-resident

We (married) Canadian Citizen currently working in US (for last 5 years), and are not a resident of canada for tax purposes. We want to invest in real estate in canada and rent out the home. Couple of questions 1. Will owning a home in canada mean, We now will be considered as residents of canada fo...