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Posted date : Aug 9, 2019

I am considering selling my U.S. condo and wonder if you have any advice on this. I have owned it for 10 years and it has gone up in value, so I know that I will pay capital gains tax in the U.S. Will the profit be counted as income in Canada?

Posted date : May 11, 2022

I am not sure if Canadians are fully aware that if you are not a U.S. citizen and decide to sell real estate property in the U.S., 15% of the selling price will be deducted from your proceeds and sent to the IRS within 20 days after closing. …

Posted date : Jan 13, 2023

My wife and I are thinking of selling our property in Florida and would like to know the steps in the process. I assume that we would go through a lawyer when it sells, but are there any U.S. taxes and/or fees which we would need to pay? We have heard conflicting stories from others who have sold. Thanks for clarifying this issue.

Posted date : Dec 16, 2021

We are selling our condo and would like some legal advice. Do you have any recommendations of U.S. lawyers in our area whom we could consult? Is there an association that we can contact? We want to avoid any legal problems with this transaction….

Posted date : May 30, 2019

I was reading your reply to a member from Ontario, who asked about capital gains tax. We own a home in Florida. Bought it for US$65,000 and are selling it for US$130,000. We were told that we could deduct improvements we made to our place, such as all new windows, new roof, new AC, new […]

Posted date : Nov 6, 2017

Dear Bird Talk, Re: Selling our Florida home We have owned a villa in Florida for 15 years (and we’re Medipac users for as long). There has been some appreciation in value of the unit since we bought it. We now find that we are in a position to have to sell. Could you please […]

Posted date : Nov 4, 2017

Dear Bird Talk, We recently bought a manufactured home in Florida. We have heard that if we sell this unit down the road, we will be taxed by the U.S. government. There are many different opinions on this. Can you advise us of the drawbacks of a Canadian selling mobile homes in Florida? Lorraine Hoculik […]

Posted date : Nov 4, 2017

Dear Bird Talk, We recently bought a manufactured home in Florida. We have heard that if we sell this unit down the road, we will be taxed by the U.S. government. There are many different opinions on this. Can you advise us of the drawbacks of a Canadian selling mobile homes in Florida? Lorraine Hoculik […]

Posted date : Nov 4, 2017

Dear Bird Talk, In your last publication you published an article entitled “Changes in Foreign Investment in Real Property Tax Act” and stated that if a Canadian citizen is selling U.S. property over $300,000 U.S. they must get an ITIN from the IRS. Recently, a friend has decided to sell his U.S. property in Florida […]

Posted date : Nov 4, 2017

Dear Birdtalk, Do you have information regarding taxes (both U.S. & Canadian) when a Canadian sells a condo in Florida? Also, I heard there is a tax relief if you sell a Florida property to a Floridian. R. A. Jobber Response: When a foreign person (Canadian) sells a real estate property (condo) in the United […]