π¨π¦ Valuing your Indian property from Canada
The CRA form that catches Canadians out, and the provincial nominee rule that literally asks for our report.
Where Canada rules reach your Indian property
T1135 cost amount
Once your specified foreign property crosses one hundred thousand Canadian dollars in cost, it gets reported. If you inherited the property there is no receipt, so the cost amount has to be established properly rather than guessed.
BC and Manitoba PNP
The BC entrepreneur stream asks in writing for a third party real estate valuation completed in the last two years by an appraiser certified by the jurisdiction. For Indian property that is us.
Express Entry
Property equity does not count toward proof of settlement funds. IRCC says so plainly. We would rather tell you that than sell you a report you do not need.
Family property
Ontario asks for value at three dates, marriage, separation and today. BC and Alberta need two. We prepare all of them together.
Clients we look after in Canada
Tell us the time that suits you and we will call then. WhatsApp is easiest for everyone, and it works from any country without a local number.
The reports Canada clients ask for most
Capital Gains and FMV 2001
The report that fixes your cost base before you sell, so you are taxed on the real gain and not on the whole sale price.
Read more β Saves the most moneyLower TDS Certificate, Form 13
Support pack for the Section 197 application, so the buyer deducts tax on your actual gain instead of the full sale value.
Read more βInheritance and Partition
One neutral number that every heir can accept, whether you are selling, dividing or buying a sibling out.
Read more βLiving in Canada? Let us tell you which report you actually need.
Tell us the situation in your own words. Two minutes on WhatsApp usually settles which report it is, what date it has to be as at, and which papers to dig out first.