Deemed Disposition on a $380,000 Florida Vacation Property Owned by a BC Resident Who Dies in 2026: CRA Terminal Return, IRS Estate Tax Exposure, and the Canada-US Treaty Credit
A BC resident dies holding a Florida condo purchased for US$180,000 and now worth US$380,000. Here’s the deemed-disposition capital gain on the CRA terminal return, the IRS estate tax exposure for a non-resident...