Take The Tax Fear Out Of Buying Real Estate In The US
In a recent survey from the Washington-based National Association of Realtors, foreigners purchased almost 9% of the total US properties, with Canadians leading the way with 25% of the foreign purchases. That means slightly over 2 out of every 100 properties purchased in the US is being purchased by a Canuck.
With statistics like this, Canadians need good advice before heading across the border to purchase your next home. Thats why we have scheduled this audio recording in advance of the upcoming North American Real Estate Summit.
On this exclusive interview you have the opportunity to hear from two top accountants that specialize in Canadian tax and another that specializes in US tax for Canadians. The focus for this interview will be explaining some key differences between the two systems.
Specifically discover:
The biggest differences (from a tax perspective) between Canada and the US.
Some of the biggest mistakes Canadians make buying south of the border.
Differences in the tax returns and do these differences add significant costs to your accounting bill?
Financing properties: are Canadians able to secure mortgages through a US bank? Are the expense deductibility rules similar?
The biggest red flags when it comes to expense deductions.
As an out of country owner (without a vote): are Canadians at risk of detrimental tax rules changes to Canadians owning property in the US?
If you are interested in investing in the US, the first steps you need to take before making travel plans.
For more information and to register for the upcoming North American Real Estate Summit, click here.
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