Investment in US real estate has become a common practice. If you are a Canadian investing in vacation homes or rental property across the border, it is necessary to be aware of all the associated taxes. Owning a property in the US would essentially include federal and provincial taxes in addition to the real estate tax for Canadians.
Two sets of regulations and tax laws for US real estate investment would make the paperwork tedious and complicated. However, professionals at Madan Chartered Accountant are well versed in US real estate tax for Canadians and can provide unique ways to ensure your investment plan allows for minimization of taxes. Our optimal tax structure will guarantee a reduction in your tax payments.
Please review our brochure, Cross Border Tax Structure for U.S. Real Estate Investments, to understand how you can invest in U.S. real estate as a Canadian without being double taxed.
We used Madan Chartered Accountant to file US tax forms for US Directors of a Canadian company. Advice was accurate, forms were completed and filed in a timely fashion. Price quoted to prepare the forms was extremely reasonable and no surprises at the end when the work was complete. Great experience considering I found them on the intranet. Good job to Andrew, Francis and Sarah. Highly recommend their services. - Tracy Norris