When you specialize in providing luxury property management services for West Vancouver rental houses, North Vancouver houses for rent, Vancouver rental homes and Vancouver furnished condos you are going to come across many, many landlords who are non residents. Handling these types of transactions is much more labor intensive than your normal transactions because 25% of the rent collected MUST be submitted to the CRA each month on behalf of the landlord to account for potential tax liability.
The property management client may qualify for a partial or total refund of this money that was collected once they file their year end taxes but contact your local account for tax advice and your local Vancouver property management professional for assistance on what the next steps are. CRA link below
http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/rntl
For more information on how https://orcarealty.ca can help you about Vancouver property management for non residents, please contact us at 604.921.6722, or visit us here:
Orca Realty Inc.
Unit 204 – 2438 Marine Dr. West Vancouver, BC, V7V 1L2 Canada
Vancouver office: Unit 302 – 2309 West 41st Ave – Vancouver, BC, V6M 2A3 Canada
Property Management North Vancouver
Orca Realty is a full service rental property management company you can trust to handle all of your property management needs.
Our values of dedication, integrity and commitment embody the Orca Realty philosophy and through personalized service, meticulous attention to detail, and the highest ethical standards, we provide professional, cost effective management services for all types of residential properties.
