US & CDN tax question –Canadian living in US and investing in Canada -Good idea or not?

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canadian living , working in on h1b visa, buying rental property in canada prudent idea? know can buy property, should i? cdn , tax implications of doing so? have heard 1-revenue canada may consider me resident tax purposes, 2-the irs may not allow me right interest, purchase fees, or crc penalties off against income, , 3-i paying capital gains tax on property when move canada.

if have heard true, buying canadian real-estate bad idea following reasons: effect of #1 increase tax rate effective rate if in canada (approx 20% more tax on total income); effect of #2 eliminate income tax incentives real-estate investment; effect of #3 wipe out gains property appreciation.

as canadian living , working in on h1b visa, buying rental property in canada prudent idea? know can buy property, should i? cdn , tax implications of doing so? have heard 1-revenue canada may consider me resident tax purposes, 2-the irs may not allow...


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