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Updated over 4 years ago on .

User Stats

28
Posts
19
Votes
Dan Veld
  • Investor
  • Abbotsford, British Columbia
19
Votes |
28
Posts

Canadian selling us property

Dan Veld
  • Investor
  • Abbotsford, British Columbia
Posted

Hi I’m selling a property in the us, the capital gains will be about 40k. Does anyone know if there’s a way to avoid the 15% withholding tax? I’m still waiting for my return from a property I sold last year from the irs.  My accountant mentioned possibly form 8288.   But closing is dec 4th.  This might be to right to be sending in forms.  Could take months to hear back. 

Thanks