U.S. Tax Filing for Non-Residents Owning Rental Property (Form 1040-NR) -

U.S. Tax Compliance for Canadians & International Property Owners

Simplifying U.S. Property Taxes for Canadian & International Investors

Owning rental or investment property in the United States comes with important tax responsibilities. Whether you earn rental income, sell U.S. real estate, or need to file Form 1040-NR, ICTax provides expert cross-border tax solutions to keep you compliant while minimizing your tax liability.

CPA Advisors

Financial Planning

Business Growth

Canadian Tax Experts

500+

Cross-Border Tax Returns

15+

Years Cross-Border Experience

50+

U.S. States Supported

100%

IRS & CRA Compliance

Comprehensive U.S. Tax Solutions for Cross-Border Property Owners ⭐

Navigating U.S. tax rules can be complex for Canadians and international property owners. Our experienced cross-border tax professionals provide end-to-end U.S. tax compliance and planning services, including Form 1040-NR filings, FIRPTA refund claims, ITIN applications, Section 871(d) elections, rental income tax planning, and tailored cross-border tax strategies designed to minimize tax exposure and ensure full compliance.

OUR SERVICES

Form 1040-NR Preparation

Preparation of Form 1040-NR
Non-resident tax return filing
IRS compliance review
Rental income reporting
Capital gains reporting
Annual tax filing support

Rental Income Tax Planning

Section 871(d) Election
Rental income optimization
Mortgage interest deductions
Property tax deductions
Insurance deductions
Depreciation calculations

FIRPTA Withholding Recovery

FIRPTA refund claims
Capital gains calculations
Property sale reporting
IRS refund applications
Tax withholding review
Closing document analysis

ITIN Application Services

Form W-7 Preparation
ITIN applications
Document verification
IRS submissions
Application tracking
Renewal assistance

Cross-Border Tax Planning

Canada–U.S. tax planning
Foreign tax credits
Tax treaty analysis
Double taxation relief
Income optimization
Annual tax planning

Property Sale Tax Support

Capital gains calculations
Property sale reporting
IRS compliance
Closing tax review
Tax planning before sale
Withholding tax analysis

OUR PROCESS

01 Initial Consultation

We review your U.S. property ownership, residency status, rental income, and tax obligations.

01 Document Collection

Our team gathers property statements, rental records, sale documents, tax forms, and supporting information.

02 Tax Analysis

We identify available deductions, treaty benefits, Section 871(d) elections, and FIRPTA refund opportunities.

03 Filing & Compliance

We prepare and submit all required IRS forms accurately and on time.

04 Ongoing Cross-Border Support

We provide year-round tax planning, IRS correspondence assistance, and ongoing compliance support.

Benefits of Expert U.S. Tax Compliance

Maximize Tax Savings

Claim eligible deductions and tax treaty benefits to legally reduce your U.S. tax liability.

Recover FIRPTA Refunds

Many property sellers overpay withholding taxes. We help recover excess amounts through accurate IRS filings.

Stay IRS Compliant

Avoid penalties by filing all required U.S. tax returns correctly and on time.

Simplify Cross-Border Taxes

Manage Canadian and U.S. tax obligations with one experienced cross-border tax advisor.

Protect Your Investment

Ensure your U.S. real estate investment remains tax-efficient and fully compliant.

Industries We Serve

Technology

Manufacturing

Real Estate

Professional Services

Healthcare

Construction

Logistics

Agriculture

Not-for-Profit

Frequently Asked Questions (FAQs)

Is it necessary for non-residents to file Form 1040-NR?

Yes, any non-resident who earns rental income or sells U.S. real estate has to fill Form 1040-NR.

What happens if I don’t file a U.S. tax return?

If you fail to file a tax return in the US, then you may face IRS penalties, loss of refunds, and ongoing compliance issues.

Is it possible to reduce tax on my rental income?

Yes, by making the IRC Section 871(d) election, you can deduct expenses and tax will be paid on net income.

Is FIRPTA withholding my final tax?

No. FIRPTA withholding is paid in advance. After tax filing it can be refunded.

Do I need an ITIN to file?

Yes, non-residents have to obtain an ITIN using Form W-7 to file a U.S. tax return.

Get Ictax Help with Your U.S. Tax Filing

The owners of U.S. rental property who are non-residential with complex tax obligations but also optimize your tax position. At Ictax & Accounting Services, accurate, compliant, and audit-ready cross-border tax solutions are provided.