Essential travel 2021-22
Posted date : Sep 16, 2021
My husband and I have owned homes (three) in Florida since 1992, and have spent every winter there, except for last year….
Read more...Posted date : Sep 16, 2021
My husband and I have owned homes (three) in Florida since 1992, and have spent every winter there, except for last year….
Read more...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?
Read more...Posted date : May 30, 2019
We purchased a condo in Florida four years ago and have made an approximate US$100,000 capital gain on it. But we are thinking of buying another property for about $315,000, thus not receiving any capital gain as we are rolling it all back into another unit. Do we still have to pay tax on the […]
Read more...Posted date : Nov 13, 2017
Dear Bird Talk, My summer edition of CSANews just arrived today and I have read it from cover to cover. I believe it was one of the most interesting and informative issues I have read during my years as a CSA member. First off, the Editor’s Message was very enlightening. Then the various letters on […]
Read more...Posted date : Nov 13, 2017
Dear Bird Talk: For a number of years, we have attended and enjoyed the Prince Edward Island picnic held annually at Fort DeSoto Park in Florida. We understand that the Canadian Snowbird Association, and we believe Medipac Travel Insurance, sponsor this fun day (and other provincial picnics), so we are writing to you regarding a […]
Read more...Posted date : Nov 4, 2017
Our mom passed away and dad’s been gone for 13 years. Mom did change the deed of her duplex in Florida into her three children’s names and removed her name from the deed three years ago. She was advised to do this by someone, but now we are not sure? We are wondering about capital […]
Read more...Posted date : Nov 4, 2017
Dear Bird Talk, In your winter 2014, Issue 93, you advised Linda Johnson of Vancouver B.C. that the sale of her current home “would be subject to capital gains tax on the difference between the sale price and the purchase price you paid, less improvements. Ten per cent of the sale price is required to […]
Read more...Posted date : Nov 4, 2017
Dear Bird Talk, I am a Florida homeowner. Are Canadians eligible to apply for a Homestead Tax Exemption ($25,000) on their property taxes in Florida? Thank You, William Johnston Response: Ed: The Florida Homestead Tax Exemption is for full-time Florida residents only. Our concern is that even more taxes will be shifted to visitors and […]
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