Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Looking for a good accountant
We are in need of the services of a good accountant who is familiar with Canadians who rent out their place. Any suggestions would be appreciated as we have no knowledge of Florida and IRS regulations and need some guidance.
Thanks. LW888 |
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#2
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I'm not an Accountant but ...
Go into www.irs.gov and start at PUB 17. See page 66. That should give you a good start off point when the accountant asks questions.
Figuring depreciation is tough. A tax accountant is the right way to go. If the income is for 2010 the best the accountant will do for you right now is to file an extension. Good luck. |
#3
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Quote:
If you cannot qualify for a Closer Connection to Canada, it is my understanding that there may be serious tax implications in the US ... i.e., double taxation. One of the reasons that we don't rent out our house when we're not in TV, is that we don't want to run afoul of the IRS.
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