I posted in other forum. If I have to leave US suddenly, I can put my basic stuff in a storage and rent my home in US?
I have got a very good mortgage rate so rent would cover all expenses including property manager expenses and still 60% of mortgage would add to equity.
Sooner or later, I have to sell US house when I become Canadian resident. How do I calculate taxes if I continue to lease or sell?
Can I use W8ECI to give to my property manager next year to avoid 30% withholding tax?
Canadian citizen leaving US- Owned house- Lease or sell
Moderator: Mark T Serbinski CA CPA
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Are you a US citizen or only down temporarily?
Phil
Phil
Phil Hogan, CA, CPA (Colorado)
Cross-border investment advisor
http://philhogan.com
250-661-9417
Victoria BC
Cross-border investment advisor
http://philhogan.com
250-661-9417
Victoria BC