The Upward Trend of the U.S. Housing Market: Follow-Up to the 2015 Florida Real Estate Market Report

Blog by Shlomi Steve Levy

2015 Florida Real Estate Market Report Predictions

Our firm published the 2015 Florida Real Estate Market Report at the beginning of March. The report provides a comprehensive analysis of the U.S. economy and housing market for Canadians interested in cross border real estate investment, with a particular focus on Florida, tracing U.S. housing market conditions from the crash in 2007 up to March 2015. The report also makes several predictions about how the U.S. housing market will unfold throughout 2015. Three of the report’s key forecasts are:

Read the rest of this entry » – How an American spouse can minimize U.S. tax


David A. Altro and Matt C. Altro were recently interviewed by Michelle Schriver from Advisor’s Edge to analyze a case study about a mixed-marriage between a Canadian and American. The analysis was published in the June edition of the Advisor’s Edge magazine and also appeared online on

In the article, David and Matt review several investment traps for mixed-marriages including TFSAs and RESPs, passive income sources, a capital gain on the family home, and life insurance. Click here to view the article online or scroll down to read an excerpt from the piece.

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May 2015 – Dollars and Sense Radio Show on CJAD


Montreal, Quebec – May 19th 2015

On the May 19th episode of Dollars and Sense on CJAD 800 AM, David A. Altro, Florida Attorney, Canadian Legal Advisor and Quebec Notary, Managing Partner at Altro Levy LLP and Matt C. Altro, President & CEO at MCA Cross Border Advisors Inc. discussed several cross border topics.
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LEXPERT Magazine – Confronting the Mental Health Stigma in the Legal Profession


In a recent article published in LEXPERT Business of Law, Partner and New York & Ontario Attorney Bonnie L. Altro is quoted with regards to mental health in the legal profession and how she works towards building a culture with work-life balance at Altro Levy LLP. Read the rest of this entry »

May 2015 edition of the STEP Journal – Right place, right time


In the May 2015 edition of the STEP Journal, David A. Altro, Managing Partner and Florida Attorney & Canadian Legal Advisor at Altro Levy LLP, and Heela Donsky, Associate and Ontario Lawyer at Altro Levy LLP, published an article featured in the “US and Canada” section of the journal. In the article they explain when a Canadian resident can defer capital gains tax on the sale of US property.
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Limited Liability Limited Partnerships and the Perils of Cross Border Tax

Blog by Jason S. Ansel

The Canadian dollar might not be as strong as it once was, but that still hasn’t stopped many Canadians from investing in the US real estate market. Each day we meet with new clients who are looking to the US to develop a portfolio of residential rental properties in order to generate a secondary, or in some cases, primary source of income. These clients are also purchasing commercial properties such as strip malls and office buildings and each and every time they ask the same question, “how should I hold title?” The answer to this question is not generically the same across the board.
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Upcoming Radio Show: May 19, 2015


Tonight, May 19th tune-in to CJAD 800AM at 7PM to hear David A. Altro and Matt C. Altro discuss cross border issues. During the show we will be answering caller questions, but you can submit your questions now and we will answer them on-air.
There are multiple ways to submit a question for our next show:

If you submit a question remember to tune-in to CJAD 800AM at 7PM tonight.
For a full list of upcoming radio shows, please click here.
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The Montreal Gazette – Tax Strategy: Keep taxman apprised when converting a home into a rental


Matt C. Altro is a regular contributor to Paul Delean’s business column in the Montreal Gazette. Click here to view the article online or scroll down to read Matt’s answer to the second question below.
Read the rest of this entry » – New Trust Rules Impact US Citizens in Canada


David A. Altro and Heela Donsky recently wrote an article which appeared on and in the Advisor’s Edge magazine. In the article, David and Heela explain the impact of new trust rules for US citizens living in Canada. Read the rest of this entry »

Cross Border Estate Planning: Gifting to US Resident Children

Blog by Heela Donsky

Canadian parents are no strangers to losing their kids to the US – some may leave Canada to study in the US never to return, while others are recruited by US companies and sponsored by them for immigration purposes.

Once becoming a US person, the child becomes subject to the dreaded US gift and estate tax regime. Click here for a review of these rules. While this may not have an immediate impact on a child whose assets are below the exemption amount of $5.34 million USD, the child may be impacted downstream once he or she has amassed some personal wealth and/or received an inheritance from mom/dad’s Canadian estate. Read the rest of this entry »