Anyone out there who has dealt/is dealing with this situation? I inherited my mother's house in Scotland Jan 2010. It is now being rented. Is it better to pay UK taxes up front and have a lawyer manage my money in one of their accounts so that there is always money to keep the house going e.g. insurance, house taxes, repairs and management fees etc.? I would have to declare the surplus after UK taxes for Canadian tax purposes.
OR should I transfer all remaining monies to Canada and pay all taxes here?
Can anyone recommend an accountant who deals with this type of thing in Western Canada?


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