Imagine, sipping a steaming cup of coffee while looking out onto your beachfront property. Imagine, the sun washing over your face in the dessert heat. Many Canadians did not have to as they flocked to buy vacation properties in the U.S when the Canadian Dollar was at an approximate par with the US dollar. However as the Canadian dollar weakens, some Canadians are choosing to sell their vacation properties and lock in their gains. As a result, many sellers are running into tax implications they did not prepare for.