The Surprising Downside of a Sunny Retirement

The Surprising Downside of a Sunny Retirement

If your residency is changing, it may affect how you’re taxed. Canada, for instance, has many residents that spend half the year in warmer parts of the U.S. “One of the issues there is when you’re considered a resident of most countries in the world, you have to file taxes there,” said Julia Chung. “We have a lot of Canadian residents who are just finding out that they’re supposed to file a tax return with the U.S. every year.”

First-Time Home Buyer Incentive: What You Need to Know

First-Time Home Buyer Incentive: What You Need to Know

First-Time Home Buyer Incentive: What You Need to Know Originally Posted on Money SenseBy Tamar Satov6 September 2019 The First-Time Home Buyer Incentive (FTHBI) promises to help make real estate more affordable, but there’s a big catch: It’s a loan you have to repay...