Change in Property Use / Deemed Disposition Runaround

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PlatinumNeon
Posts: 29
Joined: Tue Apr 23, 2019 11:54 pm

Change in Property Use / Deemed Disposition Runaround

Post by PlatinumNeon »

a brief background:

- 2017 - a US property acquired in 2017 as a primary residence
- Jan2018 - permanent residency obtained in Canada (property's designation changed to a rental property)
- May2022 - moved back to the US, property's designation changed to the primary residence

Question: if ever desired to go back to Canada and if the said property changed to a 2nd home status, would that have any implications on deemed disposition?
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