Search found 272 matches
- Sat Jun 11, 2016 10:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: rent to own
- Replies: 6
- Views: 2840
- Sat Jun 11, 2016 7:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: rent to own
- Replies: 6
- Views: 2840
- Sat Jun 11, 2016 12:55 pm
- Forum: Canada / United States Tax & Accounting
- Topic: rent to own
- Replies: 6
- Views: 2840
rent to own
We have someone interested in possibly doing a rent-to-own deal with our house in Canada. As you know, we will be non-resident soon.
How much complication would this add to our reporting to CRA and IRS? Any other downsides to be aware of?
How much complication would this add to our reporting to CRA and IRS? Any other downsides to be aware of?
- Tue May 31, 2016 8:20 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Tue May 31, 2016 5:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Tue May 31, 2016 4:04 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
Just to be clear, because it's been our principal residence for 10 years and we will not have been gone a year, I should question anyone who tells me the CRA will want them to hold back 25% (of gains, or even purchase price as one person told me)? And it's specifically the principal residence exempt...
- Tue May 31, 2016 2:26 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Tue May 31, 2016 2:22 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Tue May 31, 2016 2:02 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Tue May 31, 2016 1:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
Are these forms complicated? I understand it will be a Certificate of Compliance and a form saying the house was my principle residence. Local lawyer said I would need an accountant to do it. Local accountant said I need a cross-border accountant to do it. ? Would rather not pay those fees if I don'...
- Sun May 29, 2016 3:13 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Sun May 29, 2016 11:28 am
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Sun May 29, 2016 11:10 am
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
- Sat May 28, 2016 7:00 pm
- Forum: Canada / United States Tax & Accounting
- Topic: selling house after we leave
- Replies: 17
- Views: 6947
selling house after we leave
Our house still hasn't sold and we leave Canada June 29. However my husband gets paid through July so Iam tthinking we will be non-resident in August. My understanding is that if it doesn't sell this month, I should get a Fair Market Value assessment? Or arrange it for late July? Once it sells, no t...
- Mon Apr 25, 2016 1:42 pm
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8813