Dear Uncle,
One of my family members is a Canadian citizen living in Toronto.
He is single and owns a newly furnished property on mortgage.
A US company has recently employed him under a 2-year contract and he is going to leave Canada and work in the US soon.
He wants to minimize his tax liability as far as possible.
There are now three options before him:
1. to leave the property vacant,
2. to rent out the property,
3. to sell the property.
Uncle, could you give some advice on which of the three options he should take?
Thank you very much for your help