renting home while a non-resident of canada

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lilNew Member
Topic author
Posts: 6
Joined: 13 Sep 2009

renting home while a non-resident of canada

Post Mon Sep 14, 2009 6:27 am

my son and his wife are currently renting an apartment. we are thinking of letting them move into our house when we move to the US. If they pay us rent, will this qualify as severing residential ties?
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agnelsonCanuckAbroad VIP
Posts: 2865
Topics: 1
Joined: 26 Aug 2009

Re: renting home while a non-resident of canada

Post Mon Sep 14, 2009 8:04 am

Yes. But, additionally, you must adhere to the rules for non-residential renters, like making sure an 'agent' colects the rent and remits 25% of your rent money directly to CRA.

See the CRA emigrants guide for this and all other aspects of leaving Canada, and subsequent taxation issues.
This site is a travel site and not best source for these topics:
TN and TD info: http://forums.immigration.com/forumdisp ... -TN-Status
For US/Cdn taxes and SS/CPP:forums.serbinski.com/index.php
US Marriage-based Immigration: visajourney.com
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