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There has been a significant increase in the number of Canadian’s purchasing investment properties in U.S. But investors do little to no planning from a tax perspective before investing in U.S properties. What needs to be filed, with whom and by when?
Not knowing the answers can be costly and may mean missing deductions or being subject to a 30% withholding tax. Our experts can help you file your U.S. rental income tax and structure the purchase to minimize your tax liability. Speaking with one of our U.S. tax experts before purchasing a U.S. investment property is one of the best decisions you can make.