Tax Implications for Canadians Selling U.S. Property in Canada

Selling Real Estate
Are you a Canadian planning to sell your property in the United States? This video will review the various cross border tax implications for selling U.S. property and discuss how your taxes can be reduced.

0:27 – 1. 15% Withholding Tax
2:10 – 2. File a Non-Resident U.S. Tax Return
2:33 – 3. Long Term Capital Gain
3:35 – 4. Canadian Income Tax on the Sale of U.S. Property

Visit our website for more information and tax-related advice:
http://madanca.com

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Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/
(Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians)

Disclaimer:
The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.

Music:
Perspectives by Incompetech

Animation:
Created with GoAnimate

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