Forum Discussion
FULLTIMEWANABE
Oct 16, 2020Explorer
Unfortunately Gemsworld, as I said moved goal posts after the fact exponentially on Non-Resident owners. Alas not being American, we don't have the luxury of bucking the system by changing our homestead to Florida as many of our friends have done that still own properties in places like Ohio spending considerable time there and only part time in Florida. Hence they are able to benefit that way. As foreigners we can't do that. I'm just frustrated at how we were encouraged with open arms plus facts and figures based in 2008 then having goal posts moved exponentially once things improved for the country. I have no issue with general inflation but crazy high movements I do.
Seriously is it really necessary to be charging a non-resident owner all of a sudden 4 times (we didn't have a pool so lower value somewhat) what a homesteader pays? That increase to us became pure greed. Also withholding 10% off the top on a sale, with zero consideration of "if" (we didn't fortunately) that person had a mortgage paying interest on it and couldn't claim back the tax until the following year and not immediately upon a sale. Like I said there were numerous reasons, and I speak to a lot of Canadians that own property in the "sunbelt states" that have either already or are considering selling them, based on the wake up call with this virus, not being able to use and what it's costing them on many counts today compared to a few years ago.
We truly do love the USA and our dear dear friends we have there, but just like our own governments at not only federal but provincial and municipality levels that we have stupidity issues with, I'm sure you have issues with yours. Canadians compared to our minuscule population by comparison, have certainly been contributing a ton of tourism money and taxes as Jax demonstrated over the years into the USA. I sure wish we could take our RV down there and be contributing this year a little to individual businesses, but alas it is what it is.
Seriously is it really necessary to be charging a non-resident owner all of a sudden 4 times (we didn't have a pool so lower value somewhat) what a homesteader pays? That increase to us became pure greed. Also withholding 10% off the top on a sale, with zero consideration of "if" (we didn't fortunately) that person had a mortgage paying interest on it and couldn't claim back the tax until the following year and not immediately upon a sale. Like I said there were numerous reasons, and I speak to a lot of Canadians that own property in the "sunbelt states" that have either already or are considering selling them, based on the wake up call with this virus, not being able to use and what it's costing them on many counts today compared to a few years ago.
We truly do love the USA and our dear dear friends we have there, but just like our own governments at not only federal but provincial and municipality levels that we have stupidity issues with, I'm sure you have issues with yours. Canadians compared to our minuscule population by comparison, have certainly been contributing a ton of tourism money and taxes as Jax demonstrated over the years into the USA. I sure wish we could take our RV down there and be contributing this year a little to individual businesses, but alas it is what it is.
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