My Fiancee owes a cottage in Canada, with no mortgage, does he still have to pay taxes? He lives in the USA?

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cottage needs pay annual property taxes.

in addition, if cottage sold, there may or may not capital gain deal with. there taxable capital gain if american citizen working , living in only, or canadian non resident, owning canadian cottage. on other hand, disposition of cottage tax exempt if still consided canadian resident (if lived in canada before , moved usa in absence of cutting off cdn ties) , cottage principal residence (only 1 principal residence cdn taxpayer).



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