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Rental property can be a great investment. If you are able to purchase a property and rent it out you could potentially have someone else pay your mortgage on the property. Maybe you want to buy a ski lodge in Whistler; maybe a cabin on the lake is more your speed. Either way, if you...
Canadian Replacement Property Rules Many Canadian often confuse the Canadian replacement property rules under Section 44 to be similar to that of the U.S. Internal Revenue Code (IRC) Section 1031 Like-kind Exchange; often when it is regarding their property situated in the U.S. However it is important for Canadian taxpayers thinking of taking advantage of...
The following information is intended to assist our clients to understand the documents and information that are required by Aylett Grant Tax LLP to prepare your U.S. income tax returns, such as: 1040NR and other information filings required by the IRS. The sooner and more complete we receive this information, the more efficiently our cross...
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