Showing posts with label What Canadians Need to Know?. Show all posts
Showing posts with label What Canadians Need to Know?. Show all posts

Investing in the US - What Canadians Need to Know

Property: buy and hold - What you do not know and you need to know about investing in the United States

Oh, but I do not know. Nobody told me that I owed money to the government. It should not be penalized for this oversight. And you will be penalized - retroactively too. The government has no tolerance for excuses. It is your responsibility to keep their fiduciary obligations to the government, with the proper tax return, especially if you are non-resident investor. Claiming ignorance of the U.S. tax law not a valid excuse. It means being advisors and mentors correctly educated and appropriate to your computer.

With the subprime crisis in the United States, the value of the housing market has been a sharp decline. This caused a shopping frenzy. Sure, you can buy property undervalued. But at what price?

 

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