This training material covers the case of a Canadian individual who directly owns units of a US LLC, and would like to operate his business through a US LP instead. The following documents are included: – Presentation Slides – Memorandum (case study)
This training materials reviews how to prepare form 8288-B, Application for a Withholding Certificate. When a non-resident alien sells a US property, the title company is supposed to hold back 15% of the sales proceeds. To reduce the withholding tax, form 8288-B should be filed with the IRS. This training materials includes the following documents: … Continue reading 8288-B Withholding Certificate
This training materials is meant for accountants that would like to help their clients invest in US real estate and/or US rental properties. The first memorandum “Basic Setup” provides instructions for Canadian investors of a US Limited Partnership, where the US Limited Partnership is the owner of the US real estate. The second memorandum “Basic … Continue reading US Limited Partnership Setup for Canadian investors
These slides will review the reporting forms to completed for grantor and non-grantor trusts. Specifically, we will review the treatment of RESPs and TFSAs from a US reporting perspective. These slides also contain a practical case study.