Calgary Tax Consulting provides professional Section 216 non resident tax services in Calgary for foreign landlords and property owners across Canada. Our non resident tax accountants handle NR6 applications, T1159 income tax return preparation, NR4 slip reconciliation, and full CRA compliance for non residents earning rental income from Canadian real estate across The Beltline, Bridgeland, Mission, Panorama Hills, Evergreen, and NW Calgary.
Section 216 non resident tax filing in Canada involves more than submitting a return. Without an approved NR6, your Canadian agent must remit 25% of every dollar of gross rental income to the CRA monthly, regardless of your actual expenses. A property generating $3,000 in rent with $2,500 in expenses still triggers a $750 monthly remittance under the gross withholding method, when the correct tax on $500 net income would be far less.
Calgary Tax Consulting manages the complete Section 216 filing process for foreign property owners across Canada. Our non-resident tax accountants handle RC151 individual tax number applications, NR6 submission and approval tracking, T1159 income tax return preparation, NR4 slip reconciliation, and full CRA correspondence so nothing falls through the cracks.
Missing the June 30th Section 216 deadline triggers automatic NR6 revocation and forces you back to 25% gross withholding with no recovery option for that year. Our Calgary CPA team makes sure that never happens.
The NR6 application is the first step every non-resident landlord in Canada should take before collecting a single dollar of rental income. Once the CRA approves your NR6, your Canadian agent remits 25% of your forecasted net rental income each month instead of 25% of gross rent collected. For properties with significant operating expenses like mortgage interest, property management fees, insurance, and repairs, the difference between gross and net withholding can mean thousands of dollars in monthly cash flow staying in your pocket instead of sitting with the CRA until your T1159 return is filed.
Calgary Tax Consulting prepares the forecasted monthly rental income and expense statement required for NR6 approval, submits the application to the CRA, and tracks the 90 day processing timeline on your behalf. We file a separate NR6 for each property you own, issue the NR4 slip at year end, and prepare your T1159 Section 216 income tax return before the June 30th deadline. If your forecasted rental income shows a net loss, no withholding is required at all once the NR6 is approved.
For non residents who overpaid withholding tax before NR6 approval, our team prepares an NR7-R refund application to recover the excess amount remitted to the CRA under the gross withholding method.
Our Calgary CPA team has filed hundreds of Section 216 returns, NR6 applications, and T1159 income tax returns for non resident landlords across Canada with full CRA compliance.
From NR6 approval and monthly withholding management to T1159 filing and NR4 reconciliation, we handle every stage of your Canadian rental property tax obligations in one place.
We prepare your forecasted rental income and expense statement, submit your NR6 application to the CRA, and track the 90 day approval process so your withholding switches from gross to net as quickly as possible.
Our Calgary non resident tax accountants prepare and file your T1159 Section 216 income tax return before the June 30th deadline, covering all eligible rental deductions, CCA claims, and NR4 slip reconciliation.
If you overpaid withholding tax on gross rental income before your NR6 was approved, our team prepares and submits your NR7-R refund application to recover every excess dollar remitted to the CRA.
Non resident property owners with Canadian real estate must file an annual UHT-2900 return with the CRA. Our team handles your Underused Housing Tax filing, exemption claims, and CRA compliance every year.
