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Canadian taxes on U.S. property co-ownership

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margaretgross
 
Reply Fri 17 Sep, 2010 03:44 pm
If a Canadian citizen is a co-owner of a property in Florida, with survivorship rights, does he have to pay taxes in Canada or USA if other co-owner dies?
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roger
 
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Reply Fri 17 Sep, 2010 04:37 pm
@margaretgross,
Okay, here's a guess.

The Canadian citizen is now full owner of a property in Florida. He will have to pay property taxes in Florida. Whether Canada gets anything, I have no idea.
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