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Updated almost 6 years ago on . Most recent reply

Zackarias Aitchison's profile image
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Zackarias Aitchison
  • Member since Apr 2, 2019
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Zackarias Aitchison's profile image
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Zackarias Aitchison
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Zackarias Aitchison
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Starting Out

Tips on buying an investment property internationally

Zackarias Aitchison
Posted

Hey!

I am looking at buying multiple properties in the midwest. I am a Canadian citizen and resident. Are there any additional taxes, paperwork, or intricacies I should know before I approach a wholesaler to buy some properties? I am looking mainly for multifamily properties that are turn key

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Stephen Fryer
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  • from Ottawa ON / South Bend, IN
  • Member since Jan 19, 2013
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Stephen Fryer
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  • from Ottawa ON / South Bend, IN
  • Member since Jan 19, 2013
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Stephen Fryer
  • Investor
  • Ottawa ON / South Bend, IN
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Stephen Fryer
  • Investor
  • Ottawa ON / South Bend, IN
Replied

Great advice @Frederic Babeux. 

@Zackarias Aitchison. Make certain that you have a flow through entity or it won't be recognized by the CRA and you will wind up paying taxes twice.

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