There is no denying that the United States continues to be a hot spot for many Canadians, and although the housing market crash has begun to recover, prices are still nowhere near where they once were. This coupled with the strength of our Canadian dollar means one thing; it’s a wonderful time to be Canadian. Although, [...]
“Is now the right time to buy?” This is a question asked by arguably all individuals when considering a real estate purchase – be it in Florida or otherwise. As a home-owner in Montreal I understand that many factors can affect whether it is a buyer’s or seller’s market; among them the political and economic state [...]
In my last update, I wrote about the American Taxpayer Relief Act, the eleventh-hour Fiscal Cliff compromise legislation, which narrowly avoided the return of U.S. estate tax for owners of US properties dying with a global estate worth more than $1 million. It was great news, especially for Canadian Snowbirds and real estate investors looking to [...]
Last week a bipartisan group of US Senators known as the “Gang of Eight” unveiled their proposed US immigration reform bill. The 844 page document contains what amounts to an overhaul of almost all aspects of the current US immigration system. It is still to be seen how much of the original bill will make it [...]
Toronto, Ontario - April 12, 2013 - Tips to Buying Real Estate in Florida On April 12, 2013 Canada AM, television's morning star and Canada's most watched national morning newsmagazine, invited Altro LLP's Managing Partner David A. Altro to their CTV studio for a live on-air interview. In light of BMO Private Bank's recent report on [...]
It’s that time of year when Canadians wintering south of the border begin to realize that fairly soon they will be packing their things and making the long trip north again. Some of them will do so willingly, eager to get back to friends and family, others will consider extending their stay by another couple of [...]
David A. Altro is a frequent contributor to Paul Delean's business column in the Montreal Gazette, please scroll down to read David's answer to the second question. Tax strategy: Rental income from U.S. must be reported PAUL DELEAN The Gazette Wednesday, March 20, 2013 Florida rental properties and the calculation of Old Age Security benefits were [...]
Parents want what’s best for their children and will go to great lengths to see them succeed and help plan for their futures. Many parents have turned to trusts to provide their children with more sophisticated tax and estate planning to help them financially down the road. Generally, parents look forward to the day when they [...]
As we continue to grow, we are pleased to announce that on February 19, 2013 our Toronto office moved to larger premises. Please update your records to reflect our new coordinates (below). 155 University Avenue, Suite 300 Toronto, Ontario M5C 1T6 Tel: 416-477-8150 Should you have any questions or concerns regarding our relocation, please do not [...]
The second edition of the book Owning U.S. Property - the Canadian Way by David A. Altro has been available for just over a year and has experienced great success and received praise by readers. In order to make the book more available, we have very recently released it as an eBook for the Kindle. The [...]
