Can apply US Capital Loss against Canadian Capital gain, if I'm no longer a Canadian resident?

phoenixhd

Hi, I'm no longer a canadian resident. I am planning to sell a canadian property and am wondering if I can apply a US capital loss against the canadian capital gains? Any help or guidance would be greatly appreciated!

TurboTaxSusan

We would recommend talking to someone who is knowledgeable in cross border taxes to get advice on this matter. You can also take a look at the USA/Canada Tax Treaty.

Can apply US Capital Loss against Canadian Capital gain, if I'm no longer a Canadian resident?

Investors and rental owners