SailNet Community - View Single Post - Living Aboard and Canadian Taxes
View Single Post
post #1 of Old 03-14-2009 Thread Starter
zAr
Senior Member
 
Join Date: Feb 2009
Posts: 139
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 7
 
Living Aboard and Canadian Taxes

I've seen a few threads in various forums about the tax situation with liveaboarding in the US, how some aspects of it depends on state, how often the IRS lets you deduct the interest on your loan payments, how it's important to have a galley, head, etc., before they'll consider your boat a primary residence, etc.

But what about living aboard in Canada? What do I need to know before I make the leap? How will moving from land to a boat as my primary residence affect my taxes? Are there any pitfalls to avoid?
zAr is offline  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome