- Apr 12, 2013
- 369
- Category........
- Visa Office......
- CPP-Ottawa
- NOC Code......
- 2171
- Job Offer........
- Pre-Assessed..
- App. Filed.......
- 05-09-2013
- Doc's Request.
- 09-04-2014
- AOR Received.
- 06-11-2013
- Med's Request
- 05-04-2014
- Med's Done....
- 20-05-2014
- Passport Req..
- 07-07-2014
- VISA ISSUED...
- 14-07-2014
- LANDED..........
- 06-09-2014
I want to sell a property that I inherited a few years ago. This house is residential and we use it as a winter place. It produces no income. I am a permanent resident.
As far as I could tell, I would be paying capital gains on the money I attempt to bring to Canada.
Nonetheless what is throwing me off is ACB. As I inherited it, I didn't pay a thing, and this is a property that wasn't bought, it was acquired as land 70 years ago by my grandparents.
Do you know how ACB works in this case? if not, who should I be contacting to ask these questions? A tax lawyer? An international tax accountant? Any recommendations?
Thanks!
As far as I could tell, I would be paying capital gains on the money I attempt to bring to Canada.
Nonetheless what is throwing me off is ACB. As I inherited it, I didn't pay a thing, and this is a property that wasn't bought, it was acquired as land 70 years ago by my grandparents.
Do you know how ACB works in this case? if not, who should I be contacting to ask these questions? A tax lawyer? An international tax accountant? Any recommendations?
Thanks!