Selling property in the States? There are cross-border tax implications
There's a lot to think about if you're a Canadian citizen looking to sell a property in a foreign country. To sell a residence in the United States, there are also tax rules on both sides of the border to plan for. Greg Bonnell speaks with Nicole Ewing, Principal, Wealth Planning Office, TD Wealth about how that can affect the net proceeds of your U.S. property sale.