Discussions

Can anyone recommend a Brandon lawyer or accountant who is up to date and knowledgeable about how a Canadian goes about selling US property?

I have sold a property triggering capital gain but the property was in Ontario, not USA so I'm not sure. Based on my experience with this sale, I'd say you need a USA lawyer to handle the sale, and an accountant here in Canada to handle the Capital gains. I used MNP on Princess Ave and was very impressed. I ended up paying way more than I thought I'd have to pay but after going through the details with the accountant it was all in order. The best part was that MNP is know for not trying to hide anything and their accurate data sent to CRA. Not getting an audit from CRA is worth its weight in gold.  
 
My first call would be to an accountant who could probably advise the best way to sell property in the USA.

Unaware of any who do cross border work. It’s a very specialized field. Nationally there is a shortage and many have reduced their client pool by “firing” clients as they don’t have the capacity to handle them. You can approach a large firm like MNP but expect to pay tens of thousands. There is a Facebook group called Americans living in Canada where financial issues are discussed including cross border accountants, you may get some names there but most of them are in the same boat. Best chance would be to pay and hourly rate during the tax “off season” to find out what you need to do and do it yourself, because they likely don’t have the capacity to file for you.

Call Warner Buck's office. I don't know if they can help with the sale, but they can do your capital gains for CRA. Also-very important-they can file your tax return with the IRS. If you sell property in the US you do need to file a US tax return.