tag:blogger.com,1999:blog-2278024071272076339.post7899827852023116846..comments2023-09-29T07:00:00.254-06:00Comments on Canadians With US Property: Financing a Propertycewusp@gmail.comhttp://www.blogger.com/profile/15813174440283749817noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2278024071272076339.post-19842394431934275522020-04-07T05:57:27.358-06:002020-04-07T05:57:27.358-06:00Very nice article. you have put lots of efforts in...Very nice article. you have put lots of efforts in this article. <a href="https://www.universityliving.com/united-kingdom/leeds" rel="nofollow">Student Accommodation Leeds</a><br /><br />This is really nice post. I agree with you that a home isn’t a dream home because of its room dimensions. It’s about how a person feels when he walk through the front door — the way he can instantly envision his life unfolding there. This is about more than real estate.Elger Routhhttps://www.blogger.com/profile/14651891120130866447noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-29525858718778471352019-10-23T00:19:27.667-06:002019-10-23T00:19:27.667-06:00Heloc | Home Equity Line Of Credit | Citadel Mortg...Heloc | Home Equity Line Of Credit | Citadel Mortgages<br />HELOC: A home equity line of credit (HELOC) can be a cheaper alternative to other borrowing methods. Contact us for details.<br /><a href="https://citadelmortgages.ca/home-equity-line-of-credit/" rel="nofollow"> Home Equity Line Of Credit </a>Anonymoushttps://www.blogger.com/profile/01034572060128902434noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-71856079849794935492016-05-15T14:05:20.903-06:002016-05-15T14:05:20.903-06:00never mind, my account in US says Canadian HELOC c...never mind, my account in US says Canadian HELOC can't be deducted for US property since it needs to be secured.rainhttps://www.blogger.com/profile/07041794528134073404noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-19272731941874658422016-05-15T09:55:03.063-06:002016-05-15T09:55:03.063-06:00You can't deduct as normal interest on the hou...You can't deduct as normal interest on the house but can deduct interest as expense, see http://www.mrmoneymustache.com/2012/04/25/unlocking-your-home-equity-for-profitable-investments/. This is the same as Canada. Any thoughts?rainhttps://www.blogger.com/profile/07041794528134073404noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-62375343495766734792012-07-09T09:40:32.099-06:002012-07-09T09:40:32.099-06:00One reason why interest rates in US mortgages are ...One reason why interest rates in US mortgages are higher is because of the additional fee caused by the valuation administration. This refers to the fee charged by your lender for checking the value of the property, to see if there is a problem with the house construction and if your home is secure to lend on. This is generally done to guarantee that the property is worth the money, and majority of the buyers rely on this valuation survey. This is suitable mainly for those properties that are newly built or in the process of being constructed. It is just a brief assessment, but costs less unlike the full structural survey wherein a comprehensive inspection is done on the property, from the foundation to the roof.Selena Manchesterhttp://indiana.churchillmortgage.com/first-time-home-buyer-programs-in-indiana/noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-68734698583475489142012-04-19T08:13:02.357-06:002012-04-19T08:13:02.357-06:00Student accommodation Leeds
I believe you are ap...<a href="http://www.oasisproperties.co.uk/" rel="nofollow"><strong>Student accommodation Leeds</strong></a><br /><br /><br />I believe you are appropriate. Interest on a North america of america home loan mortgage (not certified against the US property) cannot be used as a cost for US Tax specifications according to the IRS. However, providing the North america of america home loan mortgage is clearly for affordable economical investment specifications (for example not along with typical withdrawals on a variety of credit) it should be a actual expenditures for North america of america tax specifications. That's my viewpoint, but again, it would be best for guests to assess with their own tax company.Jackhttps://www.blogger.com/profile/01999121969373903220noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-48259009380105238672012-03-14T06:18:27.228-06:002012-03-14T06:18:27.228-06:00Very well written up. I am so amazed to see such a...Very well written up. I am so amazed to see such a wonderful stuff in your post.Pune Propertyhttp://www.puneproperty.netnoreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-45231522089800634082012-03-14T03:18:26.320-06:002012-03-14T03:18:26.320-06:00This comment has been removed by a blog administrator.Outsource Tax Return Serviceshttps://www.blogger.com/profile/09877201808192365432noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-87264822452138454352012-01-26T08:57:29.266-07:002012-01-26T08:57:29.266-07:00I believe you are correct. Interest on a Canadian...I believe you are correct. Interest on a Canadian loan (not registered against the US property) cannot be used as an expense for US Tax purposes according to the IRS. However, as long as the Canadian loan is clearly for investment purposes (for example not mixed up with general withdrawals on a line of credit) it should be a valid expense for Canadian tax purposes. That's my opinion, but again, it would be best for readers to check with their own tax accountants.cewusp@gmail.comhttps://www.blogger.com/profile/15813174440283749817noreply@blogger.comtag:blogger.com,1999:blog-2278024071272076339.post-10589512256891293382012-01-16T22:17:56.444-07:002012-01-16T22:17:56.444-07:00Can you not write off the money you borrowed to in...Can you not write off the money you borrowed to invest on your Canadian tax return? For example, you borrowed (equity loan) $100,000 for the purposes of an investment (income property in Arizona. Can you not write the interest off now as its a loan for investment purposes?Anonymousnoreply@blogger.com