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Updated over 3 years ago, 05/23/2021

User Stats

9
Posts
1
Votes
Mike Helminger
  • Kenmore, WA
1
Votes |
9
Posts

US Real Estate Syndications while Candian Tax Resident

Mike Helminger
  • Kenmore, WA
Posted
I will be moving to Canada later this year. I have three syndications that I'm invested in: 1 self storage and 2 MHP.

I am curious what tax implications there will be as I become a Canadian resident. I know the US and Canada have a lot of tax treaties. Is depreciation and bonus segregation handled in a similar fashion in Canada? 

I know one of the main tax-advantaged strategies is to take bonus depreciation to really accelerate things. Will this work in Canada?

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