A key issue for Canadians owning US real estate is avoiding probate on death. Read this blog to learn more about probate and probate avoidance.
Section 1031 Exchanges: Potentially Great for Americans, Not So Much for Canadians When Selling US Real Estate
This article explores the basics and usefulness of a Section 1031 Exchange. It usually only works for Americans. Canadians should watch out!
Canadians who own Florida real estate and wish to sell or are interested in purchasing Florida real estate should be informed of the specificities of selling.
Are you about to buy a US property? Read this article for an explanation on the key role of a title agent in the purchase and sale of US real estate.
Canadians selling US real estate are subject to a mandatory IRS withholding on their sale proceeds. To know more, read this article.
Shlomi Steve Levy was recently interviewed by Neil Sharma for his article entitled "Tax strategies to investing in the U.S." which appeared in Canadian Real Estate Wealth Magazine. In this article, Shlomi discusses certain tax planning issues for Canadians who invest in US real estate, including ownership structures and avoidance of double taxation.
Many Canadians who seek to purchase or already own US real estate are unaware that at one point or another they will require a US Individual Tax Identification Number (ITIN). [...]
Many Canadians who are interested real estate in purchasing a condominium in Florida are unaware of the particularities of the purchase process and the issues relating to the ownership of [...]
If you are a Canadian who owns US real estate, planning for the possibility of incapacity is an essential component of prudent estate planning. Incapacity is the absence of the [...]