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Bird Talk » Dollars & Sense

Dollars & Sense

Foreign Bank Drafts

Posted date : Nov 4, 2017.

Dear Bird Talk, Re: Mr. Gardner’s Experience with Bank of America I was very surprised to read Mr. Gardner’s letter in the recent issue, since we banked with B of A in Florida and now in Rancho Mirage, California. We were also located in Lee County, when in Florida. I wonder what type of “instrument” […]

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Keep Your Receipts

Posted date : Nov 4, 2017.

Dear Bird Talk, In February, a friend drove me to Orlando and then flew down to drive me home at the end of the month. I booked our accommodations at Best Western using my credit card, but paid in cash when we arrived at the motel. I kept the receipt for our first night in […]

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Warning! Unjust Bank Charges

Posted date : Nov 4, 2017.

Dear Sirs: I recently had a disturbing banking experience with Bank of America in Fort Myers, Florida. A normal deposit of $4,000.00 USD from my local U.S. Dollar account at TD Canada Trust was hit with a transaction deduction and service charges of $110.00 USD, on the pretense that it was a banker’s “collection item” […]

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Travellers’ Cheques

Posted date : Nov 4, 2017.

Dear Bird Talk: I wonder how many Snowbirds who have bank accounts in Florida realize that the tellers are NOT responsible for cheques??? I have a receipt for $400 deposited on December 7, 2005 in the form of 4 x $50, 10 x $20 and am in dispute with the bank regarding the amount of […]

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Sign Your Cheques

Posted date : Nov 4, 2017.

Dear Bird Talk, The mail is in so I am now reading everything, cover to cover, with great interest in the CSANews Fall Issue 56. Donna Wilson’s tip and story on the top of page 9 really did catch my eye regarding the blank cheque being cashed with no signature on it. Believe it or […]

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Part-time Employment in the US

Posted date : Nov 4, 2017.

Dear Bird Talk, Here are some facts about my current circumstance. I am the president of our co-op condo association. I have also volunteered to hold the position of secretary treasurer on a temporary basis since the past Treasurer resigned in 2003. We the Board of Directors as of this date have not been able […]

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Blank Cheques

Posted date : Nov 4, 2017.

Dear Bird Talk, I have just finished reading your CSANews summer 2005 issue. I enjoy reading all issues. In regards to “Tips to avoid identity theft”, I would like to share with you an experience I had. I wrote a cheque for an account but forgot to sign it. When I received my cancelled cheques […]

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US Social Security Number

Posted date : Nov 4, 2017.

Dear Bird Talk, Our friends got a U.S. Social Security number. When I asked them what the advantages of having a U.S. number were, they simply said they thought it was a good idea. Are there advantages of a Snowbird having a U.S. Social Security number? Do you recommend it? Thanks, Dave Michael Response: Canadians […]

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Foreign Investment in Real Property

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 […]

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Tax Breaks

Posted date : Nov 4, 2017.

Dear Bird Talk, I read your article about Ontario leading the way for TAX BREAKS FOR SENIORS. In fact BC HAS HAD THE SENIOR PROPERTY TAX BREAK ON EDUCATION FOR ABOUT 15 YRS OR MORE. In BC it’s called THE HOMEOWNERS GRANT, and as seniors you don’t pay the school tax portion on your taxes. […]

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