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Updated over 10 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Dan Salim
  • Real Estate Investor
  • Toronto, Ontario
1
Votes |
6
Posts

Canadian Investor doing business in USA

Dan Salim
  • Real Estate Investor
  • Toronto, Ontario
Posted

Hey everyone, i am new to the world of real estate investing and i am doing my research daily on how to better immerse myself in the game and become an investing business. I am a Canadian and i would like to invest in properties in USA mainly for wholesale, flipping and rentals. I would like to incorporate before getting into dealing so i can officially do business as the company (marketing, selling, dealing) so the question i have is what state is good to incorporate (i am thinking of an LLC) from the viewpoints of taxation, privacy/anonymity, asset protection, annual fees? (My mentor told me Utah but after a bit of research i find Nevada or Wyoming LLC's better)

I would appreciate it if i can get some advice/opinions to guide me in the right direction. Thank you.

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