Selling your Florida beach home from Canada
Honest value, the IRS withholding handled early, and your net number in Canadian dollars. Whether you sell this season or hold, you will know exactly where you stand.
- Insurance and HOA costs. Premiums and association fees on the beaches have climbed sharply, and they are paid in U.S. dollars.
- Special assessments. Older buildings are funding reserve and structural requirements, and many owners are facing large one-time bills.
- The exchange rate. A weaker Canadian dollar makes every U.S. carrying cost more expensive, and every U.S. sale price worth more at home.
Sometimes the right move is to hold. We will tell you if it is.
The 15% withholding, without the surprise
When a Canadian sells U.S. property, 15% of the sale price is usually withheld at closing under a federal rule called FIRPTA, even if the actual tax owed is far less. It can be reduced with an IRS withholding certificate, but that application takes months.
We coordinate with a cross-border tax professional to start the application when we list, not at closing. We do not give tax advice; our partner does.
Sell without flying down
- Showings, repairs, and vendors handled locally
- Regular property checks while your home is vacant and listed
- Documents signed remotely, with a mobile notary or mail-away closing
- A written update every week, in your inbox
Your net sheet, in both currencies
Before you list, we give you a one-page estimate in U.S. and Canadian dollars showing:
- Sale price
- Commissions and closing costs
- Assessments and payoffs
- Amount withheld at closing
- Estimated cash at closing
- Expected refund and timing, from our tax partner
Get your Canadian seller review
If your property is currently listed with another brokerage, please disregard this page. Team Beachside, LoKation Real Estate. We are not tax advisors; consult a qualified cross-border tax professional.
