Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Foreign ownership (https://www.askmehelpdesk.com/showthread.php?t=349286)

  • May 3, 2009, 04:34 PM
    Metro Huculak
    Foreign ownership
    Where do I find info on Canadian taxes fro owning a home in the USA? What can I claim on my taxes?
    Metro
  • Jun 12, 2009, 12:52 PM
    AtlantaTaxExpert
    If you are renting the house in the U.S. you will have to file a U.S. tax return in aiddtion to the Canadian tax return.

    The Canadian tax authority has a website just like the IRS. I suggest you start there.
  • Jun 13, 2009, 04:51 AM
    IntlTax

    And when you sell the house, U.S. tax will be due on the gain. Special withholding rules apply to sales of U.S. real estate by nonresident aliens.

  • All times are GMT -7. The time now is 07:28 AM.