Tax Risks in Buying From a Non-Resident

Description

You are a mortgage broker who has arranged a mortgage for a buyer who is purchasing real estate from a non-resident. Possibly you are a lender or are a mortgage broker assisting a lender who is counting on funds from being paid out the mortgage that was registered on the property. Exercise caution, your planning needs to allow for required tax payments and holdbacks. The cashflow may be much different than you are anticipating. Learn the ins and outs of a transaction when the seller is a non-resident. Learn to better anticipate and be prepared for possible delays, delays that otherwise could lead to deals collapsing. Learn how to better assist your clients.

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Duration: 30 minutes

Level: Intermediate

Price: $49.00