Canadian Receiving Rental Income From U.S. Real Property

Foreign Property Owner’s Tax Return Responsibility During Ownership and Rental of Real Property Interest

First the Canadian owner of US Real Property needs to determine whether the rental income will be taxed as investment income through withholding, or on a net income basis as “ effectively connected with a U.S. trade or business,” without withholding (although the owner may have to file estimated tax returns).  Rental income from real property located in the United States Read more