Posts Tagged ‘non-residents’
Principal residence exemption & your 2016 taxes
In October, the Federal Government created some major headlines when they announced changes to the principal residence exemption rules for Canadian taxpayers. The details of the principal residence exemption rule changes were outlined in this BDO Canada article, but as a real estate investor, what do they mean for you? Starting in 2016, anyone who […]
Non-residents and non-resident joint ventures: Filings and deadlines for owning and selling Canadian real estate
Given the time of year, June 30th being a major tax filing deadline for non-residents, we wanted to highlight an article from the archives that covers the ins and outs of owning and selling Canadian real estate as a non-resident, or as a real estate investor who has non-resident joint ventures. Many of our clients are […]
Rev N You with Real Estate: Joint Venture Real Estate Deals with International Investors
George Dube was recently asked by Julie Broad of Rev N You with Real Estate to answer the question of: What advice you have for doing a JV on a property in Canada with people who do not live in Canada (aka working with international investors)? The answers may surprise you: Joint Venture Real Estate Deals […]
Leaving Canada? Make sure you stay on-side with the Canadian tax man…
Are you planning to leave Canada for the foreseeable future? While we will certainly miss you, you do still have some tax filings to complete, and you may have continued tax filing obligations after you leave. We’ve outlined a few of these key decisions and filing requirements below. Would I be considered a non-resident for […]
Making corporate loans for foreign investments? Understanding “deemed interest” charges is key
This article will be the first in a series related to the Canadian tax implications of Canadians investing in foreign countries, with a particular emphasis on the United States. As the series develops we expect that updates will be made to the previously published articles. Are you making corporate loans for foreign investments? Then, understanding […]
What Non-Residents Should Know about Selling Canadian Real Estate: Part 2
In Part 1 of this article, we discussed non-residents who own Canadian real estate. In Part 2, we’re going to focus on when non-residents sell Canadian real estate. What are the additional tax issues when the non-resident disposes of a Canadian real estate rental property? Non-residents must apply for a clearance certificate from the Canadian […]
What Non-Residents Should Know About Holding Canadian Real Estate: Part 1
In the last few months, we have received calls and emails from Saudi Arabia, Kenya and Australia, to name a few, from investors who hold Canadian real estate, and need help ensuring they stay onside with Canada Revenue Agency. This article, part 1, covers what non-residents (NR) need to know about holding Canadian real estate. […]
