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Canadian moved from U.S. back to Canada in 2007... how to file taxes - Dual Status US return - international non-resident cross

QUESTION:Hello --I stumbled across your site and it seems very helpful.Here is my situation.I am Canadian but went to the U.S. for university beginning in September 2001. I graduated from the school in May 2005. Beginning in June 2005 I stayed in the U.S. working. I left the U.S. at the end of July 2007 permanently to move back to Canada.I began working in Canada in August 2007 and worked through the end of the year.How should I file my taxes? Am I a resident of the U.S.? Am I a resident of Canada?Look forward to your answer!
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Canadian moved from U.S. back to in 2007... how to file taxes - Dual Status US return - international non-resident cross border

QUESTION:Hello --I stumbled across your site and it seems very helpful.Here is my situation.I am Canadian but went to the U.S. for university beginning in September 2001. I graduated from the school in May 2005. Beginning in June 2005 I stayed in the U.S. working. I left the U.S. at the end of July 2007 permanently to move back to Canada.I began working in Canada in August 2007 and worked through the end of the year.How should I file my taxes? Am I a resident of the U.S.? Am I a resident of Canada?Look forward to your answer!
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Canadian Tax Scenarios - Judge Teskey - Leaving Canada for UAE -

QUESTION:I am a Canadian Citizen and living in Canada for the past 10 years. Currently, I am exploring opportunities in UAE.Once we leave we do not intended to visit Canada for the next two years.We have properties in Canada which are rented out to individuals at arms length with proper paperwork for duration of one year or more. In addition to this we have registered and non-registered investments in Canada.We would prefer to keep our properties and investments in Canada. For mortgage and other property maintenance payments we plan on keeping our single bank account and a credit card.Also, we plan on keeping the driver=92s license for some period of time until we can get a UAE drivers license. Health cards can be canceled since we would not be using it.In your opinion what would be the best course of action that we should take. If we need to chat let me know.
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sponcership of spouse to Canada - International non-resident cross border expert income tax & immigration help estate family tru

my girl freind would like to sponcer me as she is having my child in 4 weeks im on a visitor licence till july 6th what type of sponcership should she apply for she currently recives E I i dont have any funds to pay for the fees right now but as soon as im allowed to work then i can earn right away at an agency they have garenteed me work if i can get a socail insurance number any advice on this ......please and thank you mr xxxx
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Cross-border tax return preparation - moved to USA from Canada -

This will likely explain what we need and the prices as well.
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Flipping - HELOC money borrowed as down payment on pre-build -

QUESTION: Thanks for the help! I took 60K from my HELOC to put the required DP on an investment property that will be rented out upon completion in 2009. Can I deduct the interest costs that the 60K incurs? How about the property transfer tax, the GST, and anything else associated with the purchase of this investment? I understand that any money borrowed for investment purposes allows any carrying costs to be tax deductible. What if i am forced to sell upon completion in 2009...does this change the tax write-offs because its now considered a flip? Can you recommend a good book, website, source for comprehensive tax advice on Canadian real estate investing? Thanks!
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selling house after transfer - David Ingram gives expert income tax & immigration help to non-resident Americans & Canadians fro

QUESTION: We bought a home in Kamloops in 1997 in a transfer with my job from Ontario to BC. I had a five year contract. My five years ended in September 2002 and after we tried to sell the home, but were unsuccessful, we rented it with the intention of moving back when my job allowed. We found out that I could never get back to Kamloops so sold the home in 2007. Do my wife and I have to pay Capital Gains on this property or do the special circumstances referred to in T4037 apply to us and the disposition of this property? Thank you,
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US resident purchase of an Ontario home from mom or assume ownership as part of will after her death -

What's the best approach from a US/Canada estate tax, and other tax perspective for me as a US resident?
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ADD ADHD CADD ASPERGERS AUTISM CLOSED HEAD INGJURIES - Dr Paul SWINGLE on CFUN 1410 AM www.cfun.com - Fred Snyder -

This will be too late for most of you but if you have someonein your family suffereing from:
 
1.    ADD - Attention DeficitDisorder
2.    ADHD - Common ADD
3.    ADHD - Attention Deficit HyperDisorder
4.     Asperger's Syndrome
5.    Autism
6.    Closed Head Brain Injury
 
You owe it to them and yourself to try an listen this SundayMorning at 11:00 AM Pacific DAYLIGHT Time on CFUN Radio in Vancouver.  Youcan listen to it live at www.CFUN.com - clickon the listen live button at the top right.
 
Dr Swingle is a pioneer in BIONEUROFEEDBACK and practices inVancouver, BC.
 
Originally from Boston, he was a Harvard Lecturer on thesubject and head of Clinical Psychology at McLean Hospital in Boston.  Justto complicate the matter, for four years he was the head of Child Psychology inOttawa and was with the department in Ottawa for thirteen years beforethat.
 
He did both of these sets of duties at the same time, spendinghalf of his working time in Boston and half of his working time in Ottawa. You might call him a workaholic but he is amazing.
 
In the last eight years, he has cured ADD and Closed headbrain injuries in my own extended family.  I personally know people whohave credited him with curing or greatly improving their child's autism to thepoint of "it's a cure".
 
You can check out his own site at www.drswingle.com.
 
What you really have to do is make every effort to listen andcall in if it applies to you.  (604) 280-1410 --- If it does not apply toyou, but you know someone it does apply to, you  know who you shouldcall.
 
I am doing the program with him tomorrow as a testimonial onmy part.
 
---
 
And, of course, if you have a tax or finance or RRSP ormortgage problem, I will a guest on Fred Snyder's program,
IT'S YOUR MONEYon CHBD, 600AKM from 9 AM to 10:30 although I intend to leave fifteen minutesearly.  (they are only 5 minutes apart) 
 

Fred Snyder also is the host of ITS YOUR MONEY every Sunday morning onCHBD (600 on AM dial)  from 9:00 to 10:30.  This is a phone in financial show which I appear on as a guest on the last Sunday ofevery month and every Sunday in March and April.  (Origianlly I was theco-host but the program is really devoted to BC finances because of BCSecurities Legislation and my practice is world wide.)  You can listen to 4weeks back at www.600am.com and listen to the program livearound the world every Sunday morning at the same spot.  We have takencalls from around the world.  In one case, a lady phoned from Florida, gother answer and then asked if I was the David ingram she knew in Regina back in1959.  Small world as they say.

Call (604) 280-0600 with your question on Sunday Morning.

-----------------------------
 

Every Thursday at 12 noon and 7 PM, FredSnyder of Dundeee Wealth Management
presents freeFinancial Seminars for his clients, potential clients and anyone who phones andasks to attend.


THERE is NO CHARGE!  (I used to chargeup tp $999.00 for essentially the same thing)
AND - NO ONE'S ARM ISTWISTED TO BUY SOMETHING.

They are presented at the Dundee Boardroom(holds about 30 people max)

1764 West 7th
Vancouver, BC

phone (604) 731-8900 - ask for Freda to register for free.

These are genuine educational seminars dealing with everythingfrom how to buy a house to making your mortgage tax deductible to buying an RRSPto alternatives to RRSP accounts to estate planning.  SWhat started as 13separate seminars has now evolved into 23 separate topics.

IT IS NOTUNUSUAL FOR PEOPLE TO COME TO ALL OF THEM.
ONE LADY CAME TO 53 separateseminars and her husband came to about 20 with her.

If you have afiancial consultant, bring them.  People have brought their bankers andlife insurance agents with them.

Take your spouse, your best friend,your son, your daughter, your mother or your worst enemy But do phone604-731-8900

Fred Snyder also is the host of ITS YOUR MONEY every Sunday morning onCHBD (600 on AM dial)  from 9:00 to 10:30.  This is a phone in financial show which I appear as a guest on on the last Sunday of everymonth.  (Origianlly I was the co-host but the program is really devoted toBC finances because of BC Securities Legislation and my practice is worldwide.)  You can listen to 4 weeks back at www.600am.com and listen to the program livearound the world every Sunday morning at the same spot.  We have takencalls from around the world.  In one case, a lady phoned from Florida, gother answer and then asked if I was the David ingram she knew in Regina back in1959.  Small world as they say.

Call (604) 280-0600 with your question on Sunday Morning.
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PART II Capital Gains Tax when moving back into Canadian rental. -

I'm living in Vancouver, finally paid off the student debt but don't see myself getting into
the expensive Vancouver market. I do however like to ski and was thinking of buying an 
inexpensive trailer (25k Cdn) in Maple Falls Washington. 
 
However I'm not sure what other expensives I should expect given that it's in the US. 
I'm not trying to make this an investment with a high return, but I would like to do some 
handy work to it to increase the value. If I add about 10k worth of value, how would that 
affect my taxes in the long term?Thanks for the advice.
----------------------------------------------david ingram replies:One of my favourite weekends ever was in 1973 at the Chandelier (think it has a different name now) when marooned at SnowLine  because of the gas shortage when one could only buy gas on odd days if your licence plate ende dwith an odd number and even days when it was an even number.Strangely, it was that weekend 34 years ago that lets me answer you question now.The cabin I was staying in was not a rental but was built by the fellow who owned it.  When he was building it, buddies would come down and help him and one weekend, the INS raided the spot and deported a bunch of his friends for working in the US .He was fine building it because he owned it but no one else can hammer a nail, paint a board, install a sink, or carry a shingle if they are not either an owner or a legal US citizen or US resident with a green card.If your buddy is working and living inthe US with a TN, H1, O1, P1, L1 or any other visa but a green card, they cam NOT help you either.And, if you are intending to rent the trailer out 'EVER', 'you' can NOT hammer a nail, sweep the front steps or clean the toilet.Assuming you are buying this trailer on its own lot, when you go to sell, you will owe the US income tax on the profit.If it is your only pioece of real estate at that time, you will not owe Canada any tax because you can claim it as your personal residence if you have not bought another place.