U.S. Real Estate Tax Planning

Exclusively for Canadians

Cross Border Tax Planning | Legal Planning | Entity Structures | FIRPTA

Our team of experienced cross-border tax planning professionals will assist you in implementing and developing an efficient cross border strategy if you are buying, selling, or renting real estate in the United States. They work with you to reduce your tax liability in the U.S. and Canada by establishing the proper legal structures to hold your U.S. real estate assets when you buy and manage FIRPTA when you sell.

Cross border real estate tax planning exclusively for Canadians in the United States!

Canadians Buying US Real Estate

Buying U.S. Real Estate

U.S. Tax Planning For Canadians

Canadians need to understand and plan properly for all possible tax implications that could arise from purchasing U.S. real estate. Our cross border tax team will help you establish a tax plan to manage the sale of your U.S. property. This includes some of, but not limited to the following:

Expert Real Estate Team for Canadians
U.S. Entity Selection & Tax Advantage Analysis
Establish LLC’s, LLP’s, Trusts
U.S. Tax Return Preparation & Filings
U.S. Tax Planning & Strategies

Canadians Selling US Real Estate

Selling U.S. Real Estate

U.S. Tax Planning For Canadians

The disposition of a U.S. real property interest by a foreign person is subject to FIRPTA, the Foreign Investment in Real Property Tax Act. Our cross border tax team will help you establish a tax plan to manage the sale of your U.S. property. This includes some of, but not limited to the following:

Expert Real Estate Team for Canadians
ITIN Application Preparation & Filing
US Tax Planning & Return Preparation
Canadian Tax Planning & Return Preparation
Withholding Certificate Filing

Tax Planning for Canadians Renting Their U.S. Property

Renting Your U.S. Property

U.S. Tax Planning For Canadians

Canadians need to plan properly for all possible tax implications that could arise from purchasing a U.S. rental property. Our cross border tax team will help you establish a tax plan to manage your income producing property and file your returns. This includes some of, but not limited to the following:

Expert Real Estate Team for Canadians
ITIN Application Preparation & Filing
U.S. Tax Return Preparation & Filings
Filing Corporate Returns
Cross Border Tax Strategies

What is FIRPTA?

Foreign Investment in Real Property Tax Act

The Foreign Investment in Real Property Tax Act or FIRPTA, applies to the disposition of U.S. real property by foreign owners. Canadians who sell a U.S. property may be subject to a 15% withholding of the purchase price by the IRS. There are ways to reduce or eliminate this withholding tax even if FIRPTA applies.

FIRPTA Tax Planning
Tax Withholdings of 0-15%
US Tax Return Preparation & Filing
U.S. Capital Gains Payable
Withholding Certificate Filing

Entities for Canadians Buying US Real Estate

How to Own U.S. Property?

The Best U.S. Entities for Canadians

The determination of how to structure the ownership of U.S. real estate can be complex when non-residents are involved. There are advantages and disadvantages to each approach and no single approach will be best for every situation. Normally the choice is between individual ownership, Trusts, LLC’s, or LLP’s.

Individual Ownership
Limited Liability Company (LLC)
Limited Liability Partnership (LLP)
Limited Partnership (LP)
Foreign and Domestic Trusts

The Canada to USA Real Estate Team

Our team is Canadian so we understand what Canadians need when buying or selling property in the United States. We specialize in helping Canadians navigate every step of the home buying or selling process including expert advice, professional services, and exclusive discounted services. Contact our team below to answer all your cross border tax and real estate questions…

Do You Have a Cross Border Tax Question?

If you have a tax question about buying, selling, or renting real estate in the United States, complete the form below and our cross border tax team will contact you within 24 hours.

Call Us

1-844-226-8629

Email Us

info@canadatousa.com

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