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Updated almost 3 years ago on . Most recent reply
Selling U.S properties to Canadian investors
We are located in Columbus Ohio and we fix and flip a lot of properties to out of state investors. We've been approached by several different Canadian investors looking to buy here and it seems that no two investors that we have spoken with invest the same way.
What I mean is... Some of the Canadian investors set up a U.S LLC, other investors told us that, that's wrong because of Canadian tax laws. Some investors said they set up a U.S bank account, others said they don't.
I was wondering if anyone could shed some light on their experience working with Canadian investors and the most effective protocol in these types of transactions.
Most Popular Reply
Can anyone refer an accountant familiar with Canada/US cross-border laws, LLC, LLLP, etc? Thank you.