581 plain-English guides on cross-border, each one ending in what to do next.
Page 23 of 25, newest first.
Section 1250(a) recapture is zero on a post-1986 straight-line residential rental held more than a year (sell inside a year and it's real).
Cross-BorderIt depends on the property's value, estate plan, and exposure. It depends on the axis, and this page lays out each rather than picking for you.
Cross-BorderThe decision turns on the US side (basis doesn't move) and one Canadian filing that switches on unless the place is personal-use.
Cross-BorderNo, a condo doesn't change your day count. Your day count does that, and ownership isn't a term in it.
Cross-BorderUsually no. The treaty replaces the $60,000 default with a pro-rata share of the full US exclusion, but you must file Form 706-NA to claim it.
Cross-BorderIt might be, and the fix has a price either way. Three problems run at once, on two sides of the border.
Cross-BorderYes. Rent from a US property pays a flat 30% of the gross to the IRS, with no deductions allowed against it.
Cross-BorderUsually not. Days you commute home within 24 hours don't count toward US residency if you cross on more than 75% of your workdays.
Cross-BorderCanada taxes your remote pay first, because you're resident here. What you owe, what your US employer owes Canada, and the forms both sides need.
Cross-BorderProbably, yes. If you're a US person (citizen, green card holder, or US tax resident) and you own at least 10% of a Canadian corporation or control it.
Cross-BorderDual-status is the default in your arrival year. Three separate elections can change that, and two of them generally need a spouse. Here's which is which.
Cross-BorderA section 6677 penalty is assessable, meaning the IRS can charge it without first sending a proposed notice you get to argue about.
Cross-BorderA paid assessment is worth it when your file holds an unknown that changes the price or the plan. If you already know which returns you need, skip it.
Cross-BorderAn LLC formed while you're still a Canadian resident usually lands in a mismatch Canada doesn't fix, and an S corporation is closed to a nonresident alien.
Cross-BorderYes, California taxes your RRSP growth every year. Yes, in the accrual years, and that's the mismatch almost nobody warns you about.
Cross-BorderFlorida levies no personal income tax, but the cost of the move lands on the Canadian side, on the way out.
Cross-BorderCatch up first, then renounce. Form 8854's five-year compliance certification makes you a covered expatriate at any net worth if you can't certify.
Cross-BorderA section 217 election trades the flat 25% withholding on non-resident RRSP income for graduated Canadian rates. Who wins, the June 30 wall, and the math.
Cross-BorderUS brokerage accounts, US bank accounts and US shares all count toward that line under ITA 233.3. US retirement accounts are the unsettled cell.
Cross-BorderProbably yes, you need Streamlined. Probably yes, though the reason is the gate rather than the income source.
Cross-BorderCanada doesn't deem your LIRA sold when you leave, and in most places you can unlock it as a non-resident, usually about two years after you go.
Cross-BorderThere's no flat 182-day safe number. The substantial presence test weights three years, so 122 days each winter, three winters running, already meets it.
Cross-BorderCanadian tax starts again on the day you establish residential ties here, which is a facts question rather than a border formality.
Cross-BorderUsually yes for a 401(k), though CRA has never confirmed it: ITA 60(j) gives a deduction if five conditions hold and you fund the RRSP in time.