Anyone (Canadian, that is) ever sell their DVC?

[Tabetha]

You know that pesky 10% Foreign Investors Real Estate Tax charged by the US Government? Is there any way to recoup that?

Darn Uncle Sam, spoiling my plans.

Actually, more like "darn budget".

 

[F4disneyfan]

No way around it that I know of I don't think you can even try to claim it on your taxes.

 

[mom_rules]

Actually, we sold US property last year. If you apply for a US tax ident number and file a US tax return, you can recoup most of the money withheld back.
We used our accounting firm's US tax division-It took about 6 months but they did it.

 

[Tabetha]

Actually, we sold US property last year. If you apply for a US tax ident number and file a US tax return, you can recoup most of the money withheld back.
We used our accounting firm's US tax division-It took about 6 months but they did it.

Ah hah. Interesting. I wonder if I can just use my Social Security number to get around this - I'm a dual Citizen...

Thanks for the info!

 

[mom_rules]

You might-have you ever filed a US return?

 

[Tabetha]

Not to date, no.

But it also leaves me wondering if I can add my dad to my membership, and have HIM sell the contract - since he's in the States.

I really don't want to sell, I'm hoping I can find a way around it!