Thinking of picking up a little condo in Florida?

With Canadian real estate prices potentially cooling off, quite a few of us are looking south of the border for a vacation or investment property.  Not everyone is aware that there may be U.S. tax issues (income tax, state tax, and /or estate tax) to consider, however.  This Globe and Mail article touches on a few of these at a high level, but if you're serious, talking to a cross-border tax specialist is vital.