Non-Residents Investing in Canadian Real Estate - UPDATE
Back at the beginning of the month we posted information for non-residents investing in Canadian Real Estate. We now have some additional and updated information as released by Lam Lo Nishio Chartered Accountants. Below is a summary of what is included in the slideshow below.
Please don't hestiate to contact me should you have any questions or need clarification on anything included here.
Rented Monthly
Non-Residents Investing in Canadian Real Estate Update
Please don't hestiate to contact me should you have any questions or need clarification on anything included here.
Rented Monthly
- Canadian Tax for Non-residents Investing in Canadian Real Estate (rented monthly) – 2 page short summary in 3-part folding format (if you wish to print double sided, it becomes a neat 1 page handout, or if you would like color copies, please notify us how many and we will send them to you). This pamphlet would be good for the first-time “window shopper”.
- Tax Considerations for Non-resident Individuals Investing in Canadian Rental Real Estate (rented monthly) – 7 page detailed summary with examples of tax on rent and tax on sale. This pamphlet would be better for the serious investor.
- Canadian Tax for Non-residents Investing in Canadian Real Estate (rented nightly) (Producing “rental” income) – 2 page short summary in 3-part folding format.
- Tax Considerations for Non-resident Individuals Investing in Canadian Rental Real Estate (rented nightly) – 8 page detailed summary with examples of tax on rent and tax on sale.
- Canadian Tax for Non-residents Investing in Canadian Real Estate (Producing “business” income) – This pamphlet specifically relates to properties such as the Westin Hotel, Delta Whistler Village Suites, Whistler Village Inn and Suites, Hilton Whistler, Executive Suites Garibaldi Springs Resort (as of 2010), which have received approval from CRA to treat their income as business income. This is a 2 page short summary in 3-part folding format.
- Tax Considerations for Non-Resident Individuals Investing in Canadian Real Estate (producing Business Income) – 8 page detailed summary with examples of tax on business income and tax on sale.
- Canadian Tax for Non-residents Investing in Canadian Real Estate (No Rental) – This pamphlet specifically relates to properties which are not rented and are owned for personal use only. This is a 2 page short summary in 3-part folding format.
- Tax Considerations for Non-Resident Individuals Investing in Canadian Real Estate (which is not rented) – 5 page detailed summary of things to remember during period of ownership, with examples of tax on sale.
Non-Residents Investing in Canadian Real Estate Update