Planning for ownership of U.S. real estate Introduction If you have not yet received this call, you will. “My wife/husband and I were in Scottsdale/Palm Springs/Maui last week and signed a contract for a town house/single family home/condominium. How should we own it?” This article will tell you what to say. Welcome to the USContinue reading “Ownership of US real estate: Some things to consider”
Buying U.S. Real Estate: Q&A for Canadians
***NOTE: This post has been combined into https://kornfeldllp.com/2012/03/planning-for-ownership-of-u-s-real-estate/*** Q: I live in Canada and am a Canadian citizen. If I purchase a property in the United States will I be subject to United States taxes? A: Yes. If the US property which you own is rented, you will be subject to US income taxationContinue reading “Buying U.S. Real Estate: Q&A for Canadians”