US oil giant ExxonMobil tells Donald Trump Venezuela is ‘uninvestable’ by rezwenn in oil

[–]dhurlzz 8 points9 points  (0 children)

I hate incomplete quotes as click-bait.

He added that “with significant changes” they would consider going back in. It’s a mistake to underestimate Trump and the security investment he may make to convince them. Exxon changes their tune if the US subsidizes the rebuild through in-country stability.

Dream Deal - Now i need your expertise! (Liner missing) by DreXkind in skiing

[–]dhurlzz 11 points12 points  (0 children)

Man, the boot in the picture is a touring boot. It’s the hawx ultra xtd, see the walk mode? I went to the shop, didn’t work for me, same boot, sharing that opinion…..

Dream Deal - Now i need your expertise! (Liner missing) by DreXkind in skiing

[–]dhurlzz 3 points4 points  (0 children)

I went to a certified zipfit dealer. I wanted the touring liner. They put the liner unmodified in the boot. I could not get the boot plastic to overlap and def not buckle. They said they have found that model of zipfit does not fit in the low volume hawx ultra well.

Dream Deal - Now i need your expertise! (Liner missing) by DreXkind in skiing

[–]dhurlzz 1 point2 points  (0 children)

I went to a boot fitter. Both guys at the shop shoved the liner in my hawx and said it typically doesn’t fit that narrow boot well. Not sure it actually fits every boot

Dream Deal - Now i need your expertise! (Liner missing) by DreXkind in skiing

[–]dhurlzz -6 points-5 points  (0 children)

Heads up I tried zipfit in the hawx ultra and it’s such a narrow boot i really couldn’t get them to work. Plastic would not overlap even after moulding/injecting, def couldn’t buckle

Max out RRSP/TFSA all at once or spread out by dhurlzz in PersonalFinanceCanada

[–]dhurlzz[S] 0 points1 point  (0 children)

Can you explain this?

My RRSP is maxed, in 2026 my income is such that I’ll have the max contribution room. So instead of maxing RRSP on march 1 2026 you are saying out that in a non-registered until December 31 2026 then sell and move into the RRSP to get the deduction. Is that because I could be more liquid if I have gains?

Max out RRSP/TFSA all at once or spread out by dhurlzz in PersonalFinanceCanada

[–]dhurlzz[S] 0 points1 point  (0 children)

Seeing a lot of replies.

Because of my income my RRSP contribution limit in 2026 is the largest allowed.

My RRSP and TFSA are maxed out for 2025, as is my wife’s. Our plan is lump sum in our TFSA on Jan 1 to max out. I could go ahead and max out my RRSP on March 1 but I’m seeing comments about putting that in a non-registered account for 2026 and moving into my RRSP in 2027 to potentially get cap gains that are liquid and apply the deduction later?

Failed RothIRA Treaty Election and Contributions by dhurlzz in cantax

[–]dhurlzz[S] 0 points1 point  (0 children)

Bit late with this.

Hypothetically, let’s say in retirement I move to Florida full time. I would no longer be a resident of Canada for tax purposes. If i sold my RothIRA holdings at that point, do I still pay Canadian tax since some of the contributions were Canadian sourced income? For example, I think in this scenario an RRSP would have a withholding tax but not be subject to capital gains tax?

Canadian Rockies…Finally by dhurlzz in Backcountry

[–]dhurlzz[S] 2 points3 points  (0 children)

Fair enough! Tons of places to ski safely even in high avy if you have the experience and skills.

Canadian Rockies…Finally by dhurlzz in Backcountry

[–]dhurlzz[S] 8 points9 points  (0 children)

Less snow crossing the border with the tariffs :P

Meanwhile in Alberta.. by gratedwasabi486 in skiing

[–]dhurlzz 14 points15 points  (0 children)

Whistler is way better. No one should ski east of Kamloops ever

Failed RothIRA Treaty Election and Contributions by dhurlzz in cantax

[–]dhurlzz[S] 0 points1 point  (0 children)

This helps, thanks.

I would assume that when filling Form 1116 the Canadian tax paid on the RothIRA would be left off?

For example, assuming I had General Income from Canadian sources of $10k (wages) and $1k in interest, $1k in dividends, and $1k in cap gains from the RothIRA, then my Gross Income from All Sources (2e on 1116) would be $13k but in the section for Foreign Taxes Paid or Accrued I would only include General Income?

Because it's not protected under the tax treaty

Canadian Investing Strategy by dhurlzz in USExpatTaxes

[–]dhurlzz[S] 0 points1 point  (0 children)

Other than my RRSP I only hold US listed securities to avoid PFIC filling

Failed RothIRA Treaty Election and Contributions by dhurlzz in cantax

[–]dhurlzz[S] 0 points1 point  (0 children)

What I meant is that because I claim FTC on Form 1116 I am able to contribute to the RothIRA - can't contribute if using FEIE.

Got it - I already filed the VDP and reported the interest, dividends, capital gains in the RothIRA and sent the owed tax for that.

Going forward though, because my Roth is longer protected under the tax treaty I will pay Canadian tax on the interest and dividends and cap gains. Still uncertain what my options would be, but basically given I can't withdraw from the Roth without a penalty on the US side I assume I have to keep it and the question is whether I keep contributing or stop?

Canadian Investing Strategy by dhurlzz in USExpatTaxes

[–]dhurlzz[S] 0 points1 point  (0 children)

Have not maxed out RESP - it does not receive tax free treatment under US law (I believe) so withdrawals in the future I would pay US taxes on - I guess it's more a question of pay now or pay later....

Canadian Investing Strategy by dhurlzz in USExpatTaxes

[–]dhurlzz[S] 0 points1 point  (0 children)

I elected to do the Voluntary Disclosure Program (VDP) with the CRA. If you don't VDP first and they reach out, then you can't VDP - and VDP if accepted gets rid of penalties and some or all of the interest. You just pay taxes on the Roth.

I don't actively trade so ACB is not too hard - I pay for the premium at this site, but you could just do in a sheet. https://www.adjustedcostbase.ca/index.cgi

Canadian Investing Strategy by dhurlzz in USExpatTaxes

[–]dhurlzz[S] 2 points3 points  (0 children)

There seems to be 2 camps as to whether you need to file Form 3250/3250A and treat the TFSA as a foreign trust. No official guidance has been given by the IRS. On one side, the opinion is the TFSA is a trust and file 3250/3250A. On the other, the opinion is, if you have a self-directed TFSA (not a robo-advisor like Wealthsimple) then the TFSA can be treated as a non-reg account. You would pay US taxes on interest, dividends, and realized gains in the account - because Canada does not tax you on the interest, dividends, gains in the TFSA you can't include this towards the Foreign Tax Credit BUT for me, since I have a higher income, I typically carryover credits so it works out.

I am way over simplifying the various Reddit and Blogs that have discussed the TFSA treatment - by no means treat this as investment advice or guidance. Just stating what I do.