a
a
a

Search Results

Sale of personal use condo in Florida

Posted date : May 30, 2019

What, if any, are the reporting requirements in both Canada and the U.S. when we sell our personal use condo in Florida. Our primary residence is in Canada. We purchased the condo in 2012 for about US$87,000. While the condo has appreciated, the sale price would be less than US$200,000. The section in the CSA […]

Read more...

Sale of U.S. Property

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 […]

Read more...

Gifting my U.S. home to my son living in the U.S.

Posted date : May 14, 2019

My wife and I own a home in Arizona and are thinking of transferring ownership to our son, who lives in Arizona. We bought the house in 2006. We live in Canada. Would we have any capital gain to report, as this is not a sale but a gift to our son? Then could he […]

Read more...

Selling a mobile home

Posted date : May 14, 2019

My wife and I own a mobile home in a resident-owned park in Florida. We own a share plus a home. It now looks as if our park is being sold to a private owner. Our park was a not-for-profit association. If the sale happens, we will be receiving money for our bought-out share. Do […]

Read more...

U.S. TIN expiry?

Posted date : May 14, 2019

In the spring CSANews, you published a letter in which the writer indicates that a U.S. TIN will expire in three years if the holder has not filed a U.S. tax return. As you did not comment on this statement, it implies that you agree. I secured a U.S. TIN 20 years ago in reporting the […]

Read more...

Income Tax

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 – […]

Read more...

Tax Filing

Posted date : May 14, 2019

I am a Canadian citizen, but a non-resident of Canada – I currently live in Europe, where my wife is currently employed. I do have two properties in Florida that I rent out on an annual basis and I have been filing U.S. income tax returns since I purchased them. I have heard through the […]

Read more...

Travel outside of the U.S.

Posted date : Dec 15, 2017

Do you have to return to Canada for 30 days or more to get a new B2 visa, or can you go to Mexico or other countries? Maurice Michaud Response: Ed.: The B2 visa is verbally issued by, and applies only for travel to, the United States. You may travel to other places any time, […]

Read more...

CSA Publications

Posted date : Dec 8, 2017

The Canadian Snowbird Association produces a series of publications intended to provide members with the information they need before and during their trips abroad. The CSA Travel Information Guide (members only), CSANews, the CSA Member Handbook, the CSA Travellers’ Checklist, the Canadian Travellers’ Report Card, provincial election handbooks, and more.

Read more...

CSA Travel Information Guide

Posted date : Nov 13, 2017

Dear Bird Talk, On page 50 of “The CSA Travel Information Guide” 2011 Edition, it says, “Typical work that may not be performed includes: In a condominium, mobile home or manufactured home community, receiving “cash” or reduced/free rent and/or maintenance fees for the season in exchange for: Park office clerical duties Park grounds maintenance Park […]

Read more...

© Copyright 2024. All Rights Reserved. Privacy Policy|Terms & Conditions