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I have some questions. 1. How do you determine FMV. I landed in 2010 and did not think about FMv at the time. Now I am planning to sell and wondering how to determine that? 2. Which form to report the sale? 3. Do we still need to report the sale if we sold at a loss (Current price - FMV =...

Hi everyone, Just a few questions about selling a foreign personal use property. Context: It is a vacation house. Never been rented or used for income. We did not buy the house but built the house. We do not know the value of the house when we moved to Canada. We did not declare it as it is a...

Thank you!

Thank you Sir!

For question 8 of the Financial Evaluation for Parents and Grandparents sponsorship (IMM 5768) Do we use the Minimum income for 2014 only or do we add all minimum incomes for 2012+2013+2014? For example for a family of 5 do I write A - $64,791 or B- $64,791 + $63,833 + $62,023 = $190,647...

Hi Rossei, Thanks for the reply. You misunderstood my question or maybe I did not asked properly. Just wanted to know whether a printed version of the NOA for 2014 is fine or do we need a hard copy? Thank you Lav

Good morning everyone, FYI - The forms have been updated. However i just realized that I do not have my Notice of assessment for 2014 in paper format. Apparently CRA no longer sends the paper NOA but posts it online on your account. My question is: Can we use the printed online version or do I...

Thanks for your reply. Can I start completing the other forms in the meantime? My parents are still back home and it is tough to get them to sign the papers and send it back to me.

Hi everyone, I am preparing to complete the forms and gather info for the new Parent application in January 2016. I noticed that they only updated 2 forms so far. On the financial evaluation form, they still list 2013, 2012 and 2011. I was wondering if this is right or will they be updating the...

Got asked for fingerprints :( - There goes my hope for a quick process...

What's an RQ?

I live in North york Toronto. not sure abt my local office.. Scarborough office maybe???

Hi Everyone, I sent my application on the 29-Oct-13. CIC received my application on November 2nd. AOR dated 19 DEC 13 received on 20 Jan 14. Online status says In Process. SO HAPPY!!! :) L

Hi everyone, need some help with the financial form. Here's the situation; I am sponsoring my parents. My wife is a co signer, so that is a family unit of 4 persons. I (alone) meet the minimum income only in 2012. However, with my wife's co sponsor help, We both meet the minimum for 2011 and...