Tax implication expertise requested

WillNy29

Registered User
Jun 20, 2018
1,064
1,289
A fleeting one, currencies are volatile, tax legislation is not.

While real estate taxes are higher in Florida, it's mainly a snow bird tax that's offset by the low income taxes paid by locals. Take a look at the mansions you can buy in the states at the same (currency adjusted) price for a regular detached home in Toronto. Look at the prices of regular everyday items. It's much cheaper to live in places like Florida/Tenessee. I know from experience, I lived in the Tampa area for a couple years.

I would disagree with this; provisions are always changing
 

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