Currently Browsing:Real Estate USA
posted on November 23, 2013
Global advisory firm catering to wealthy expats says Texas and Florida are no longer good enough for those who’ve had it with taxes
Much ink has been spilled on the trend of wealthier Americans fleeing fiscally dissolute, high-tax states like California and Illinois, and heading for comparative tax havens such as Texas and Florida. The golfer Phil Mickelson made headlines recently when he wondered aloud about...
posted on June 26, 2012
You wish you could invest like Warren Buffet? Well, he wants to invest like you. Watch this video of what his property wish list would be, if he could “manage it.”
posted on February 8, 2012
Is the US setting bear traps for Canadian buyers? If you’re thinking of buying real estate down south, be advised about tax withholding regulations for the IRS. While you may find properties at bargain prices, what’s the cost when all’s said and done?
Snowbirds buying property must affirm sellers’ residency
written by: Adam J. Savaglio
As financial instability continues to plague the United...
posted on January 11, 2012
Investing in the US property market? Beware, the worst is yet to come. Just last Friday, forecaster Harry Dent Jr. warned all their clients to get out of the stock market despite a potential 5% gain, stating that when it falls it will fall very quickly, leaving no time for a safe escape. “How are you going to stimulate an economy with an increasingly aging population?” he asks. What do you...
posted on January 10, 2012
What are you doing to ensure that you have full control of your assets? If you don’t have a plan in action, take heed of what’s coming up for our southern cousins.
In the spring of 2010, President Obama signed the Foreign Account Tax Compliance Act (FATCA). This law is officially supposed to prevent offshore tax abuses, but there’s more to this than meets the eye. Some say it’s actually a way...
posted on January 8, 2012
Still waiting for Canadian real estate bubble to burst? Scotiabank recently released their Global Real Estate Trends research publication which contains some very interesting data and observations that you ought to take a look at. It compares the numbers behind the rise and crash of the US and UK (particularly Ireland’s) real estate markets with those of Canada.
It’s very interesting to see the slow,...
posted on October 17, 2011
Still looking for that once in a lifetime, steal-of-a-deal in the States? Odds are, you’ll be looking for a long time to come. According to this interview with Don Campbell, over $44 billion Canadian dollars have been invested there over the last 2 years, despite the fact that real estate prices in the States are actually back on trend. So where’s the disconnect?
Remember, due diligence is KING! Before...
posted on September 5, 2011
Do you dream of investing in the USA, leaving a little vacation home legacy for your family? Here’s a news flash about the tax burdens surrounding property ownership in the States, written by David Altro, a Montreal / US lawyer specializing in cross-border tax, property and estate planning, and the author of a 2009 guidebook entitled ‘Owning US Property the Canadian Way”.
If you still consider...