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Posted date : Dec 19, 2023

My sister insists that you must declare your vacation home in Arizona that is used by only you in the winter months as foreign property on your tax return under Revenue Canada Guidelines. Do you have the Revenue Canada guideline that states this?

Posted date : Aug 9, 2019

In 2019, we rented our Florida/Jensen Beach condo out to Americans (for the first time) for the months of February/March through a Jensen Beach-based realty management company. Can we pay the tax on these U.S. rental earnings in Canada, or must we pay it to the IRS?

Posted date : May 14, 2019

A further question about your response in the winter 2017 issue: “if you earn ANY income in the United States, you are required to file a U.S. tax return. This includes rental income for leasing your condo or park model as well.” Does this apply to income earned from investments in the stock market – […]

Posted date : May 13, 2019

The information in this section of CSANews is always very useful to snowbirds and others with some connection to the U.S. Could you please clarify your response to a recent letter in which you state that, “if you earn income in the U.S. you do have to file a U.S. tax return.” According to the […]

Posted date : Nov 4, 2017

If you rent out your home in Florida and your rental income is less than your costs to maintain your home, do you pay tax on this income in the U.S. E. Dell Toronto, ON Response: Ed.: Any net income (rent less expenses) would be taxable in the U.S. If there is also personal use […]