Why Canadians Are Ditching Florida Homes

Thinking of selling your Florida or Arizona getaway? You’re not alone—tons of Canadians are cashing out of their U.S. vacation homes thanks to a weak loonie, sky-high U.S. prices, and some political drama. But beware: Uncle Sam wants a cut, and the paperwork can be a nightmare. FIRPTA means up to 15% of your sale price gets held back, and getting that money back can take months (or years if you miss a form). Pro tip: Talk to a tax pro before you list, or you might be waiting a long time for your cash! #RealEstateTips #SnowbirdLife #TaxHacks #MoneyMoves #CrossBorderLiving #RealEstate