Working in the US, doing short term lease in Toronto

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lgbgbt88
Posts: 16
Joined: Wed Jan 25, 2017 1:06 pm

Working in the US, doing short term lease in Toronto

Post by lgbgbt88 »

I'm a Canadian citizen working in the US on H1B. I recently bought a place in downtown Toronto, thinking to hire a company to manage my property for short term rental.

The issue is that I will need to apply for a short term rental permit and to do so, I will need to demonstrate this is my principal residence in Toronto.

My question is that can I make it my principal residence in Toronto without complicating my tax situation. When I left Canada and moved to the US a few years ago, I had to prove I'm a nontaxable citizen of Canada to avoid paying salary tax to Canada. If I now establish this property as my principal residence, does it mean I will need to start paying salary tax to Canada again?

Thanks
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nelsona
Posts: 18101
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Working in the US, doing short term lease in Toronto

Post by nelsona »

What proof are they asking for principal residence?
If you are renting out this place, how can it be your principal residence. Eve n if you lived in canada this would be a problem, no?
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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