With the Canadian Looney almost at par again with the US dollar, the flock of snowbirds chasing the sun just keeps on growing. The National Post reports on some of tax implications to watch for when looking to buy a US home.

“Business owners who may be weighing the costs and benefits of purchasing a condo or home, or other U.S. property such as shares, must remember to factor in any applicable U.S. taxes.”

Read more: http://www.nationalpost.com/homes/story.html?id=2645811#ixzz0iD16ElED

More Related Articles:

• Taxation on Sale of US Real Estate
• Taxation for Rental of US Real Estate

This entry was posted on Monday, March 15th, 2010 at 6:32 am and is filed under Taxation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.