Canadian - buy rental property under LP or LLC?

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Hi BP experts,

I have one question for Canadians who invest rental properties in US.

I understand that LP (99%) and LLC (1% dummy entity as GP) is preferable way to set up to avoid double taxation.

Does LLC (dummy entity) require to buy the property and sign the leases with tenants as GP? Or does LP needs to buy the property and sign the leases?

Thanks!