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Owing a rental property in the US while living in Canada

swan0206

Champion Member
May 14, 2019
1,163
226
I see, but then doesn't that mean no standard deductions etc :(
The rules seem very complicated and harsh for rental properties too in that case :(
Thats right. Even FBAR isn't valid for Non-Residents. I know right :( we have to be financially compromised for few years to benefit the other(becoming Canadian).
Im not sure about rental properties.
 
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Reactions: missedTheGCBus

missedTheGCBus

Star Member
Sep 8, 2022
89
14
Thats right. Even FBAR isn't valid for Non-Residents. I know right :( we have to be financially compromised for few years to benefit the other(becoming Canadian).
Im not sure about rental properties.
oh wow, does that mean you have been paying higher tax rate to US/IRS?