Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Canadian real estate continues to attract significant investment from non-residents. However, owning Canadian real property creates numerous Canadian tax obligations throughout the investment lifecycle—from acquisition and financing to rental operations and eventual disposition.
This intermediate-to-advanced course provides Canadian advisors with a practical understanding of the Canadian tax rules affecting non-resident individuals who own Canadian real estate. Beginning with the fundamentals, the course examines residency considerations, rental income reporting, withholding obligations, deductions, capital gains taxation, Section 116 compliance, principal residence issues and treaty considerations.
Rather than focusing solely on compliance, the course emphasizes practical planning opportunities, and common practitioner challenges.
The course focuses primarily on individual ownership of Canadian real estate and does not provide coverage of corporate real estate structures or similar commercial real estate transactions.
Pre-requisite: None
| Session | Content |
|---|---|
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Module 1: Acquiring and Owning Canadian Real Estate |
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Module 2: Rental Income and Ongoing Ownership |
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Module 3: Selling Canadian Real Estate |
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Module 4: Planning Opportunities and Risk Management |
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Key Takeaways
Upon completion of this course, participants will be able to:
- Determine when Canadian tax applies to non-resident owners of Canadian real estate.
- Understand the Canadian tax consequences of acquiring, owning, renting and disposing of Canadian real property.
- Identify Canadian withholding and reporting obligations affecting non-resident landlords and vendors.
- Calculate taxable rental income and capital gains.
- Apply the Section 216 election where appropriate.
- Understand the Section 116 clearance certificate process.
- Recognize common Canada-U.S. treaty considerations.
- Identify practical planning opportunities and common compliance pitfalls.
Who Will Benefit
- Canadian CPAs and tax practitioners advising non-residents investing in Canadian real estate.
- Personal tax practitioners expanding into non-resident taxation.
- Cross-border tax practitioners advising individuals with Canadian real estate holdings.
- Real estate accountants and tax advisors.
- Lawyers advising on real estate acquisitions, ownership and dispositions involving non-residents.
- Real estate professionals seeking a practical understanding of Canadian tax issues affecting non-resident owners.
- Financial planners and wealth advisors assisting clients with cross-border real estate investments.
- Non-accounting professionals interested in understanding the Canadian tax implications of non-resident real estate ownership.
How to Access the Course
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal. You can also access your course through the Blackboard Learn app (iOS or Android).
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Speaker(s)
Babar Khan is an experienced cross-border tax professional with over 14 years of experience in US & Canadian tax compliance and advisory work. He specializes in taxation for Expatriates, Business Travelers, High Net Worth Individuals and Owner-Managed businesses. Babar also teaches at Canada’s Schulich School of Business and CPA Ontario. Babar holds an MSc (Tax) from University of Oxford (UK), an MBA from Schulich School of Business and a BBA from University of Toronto. He is also a dual US and Canadian CPA. Babar also serves on the board of a UK based EdTech company.