Hello, David,
My wife is a Canadian citizen (naturalized). She inherited (by her mom's
will who gave it to her) an apartment with all belongings after her
mother died in E. Europe. It was not rented, nothing. She wants to sell it and
bring money back here.
My understanding that as an inheritance (or, probably, it may consider
as a gift) the money are not taxable and need not even to be reported in the
tax return. Right?
Thank you, David
Cordially,