Section 216 rental return
Preparation of the non-resident rental return. A section 216 election allows tax to be calculated on net Canadian rental income rather than gross rent.
SECTION 216 · NR6 · PROPERTY SALES
Canadian rental property. Non-resident tax support.
Own Canadian real estate while living outside Canada? We help with rental tax returns, withholding and reporting, NR6 undertakings, and clearance certificate applications when you sell.
Enquire about this serviceSupport through the rental year and the sale.
For non-resident owners, collecting rent, remitting tax, and filing a return are separate responsibilities. Tell us where you live, when the property began earning rent, and whether you already have an agent so we can identify the support you need.
HOW WE CAN HELP
What we can handle for you.
NR6 undertaking and agent services
NR6 preparation and support with the Canadian agent role. Written CRA approval is required before withholding can be based on net rental income.
Withholding, remitting and NR4 reporting
Support with rental tax calculations, remittances, and annual non-resident reporting, with responsibilities agreed in advance.
Clearance certificate for a property sale
Assistance with the clearance certificate application when a non-resident sells Canadian real estate. Contact us before the planned closing so we can review the filing work.
We confirm the services, required documents, and fee before work begins.
Getting your records ready.
After we confirm the engagement, we will request the relevant rental income and expense records, prior filings, NR4 slips, withholding records, and any NR6 approval. If you are selling, we will also identify the purchase and sale documents needed.
Please use the inquiry form for general questions only. We will explain how to provide records after discussing your engagement.
Questions about this service.
Does rental withholding replace a section 216 return?
Withholding and a section 216 election serve different purposes. A section 216 return calculates tax on net rental income and may produce a refund of excess withholding. An approved NR6 creates a requirement to file the return.
Can I reduce withholding as soon as I send an NR6?
No. Withholding must continue on gross rental income until the CRA approves the NR6 in writing.
Can you help with more than one rental property?
Yes. Let us know how many properties you own, who owns them, and what has already been filed.
Do you assist with a sale as well as rental filings?
Yes. We offer clearance certificate assistance for non-resident property sales and can discuss the related return preparation separately.
Further reading: CRA guidance on section 216 and NR6.
CONTACT US
Let's talk about
what you need.
Tell us a little about your situation and the services you're looking for.
CUC Cross Border CPA
info@cpacuc.com
Based in Vancouver BCServing all of Canada and the United States
Send your inquiry here and include your email address so we can get back to you.