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Updated over 9 years ago,

User Stats

182
Posts
32
Votes
Cal Ewing
  • Investor
  • Calgary, AB
32
Votes |
182
Posts

Canadians making it happen in the US

Cal Ewing
  • Investor
  • Calgary, AB
Posted

To my Canadian friends, 

I have only ever invested in the US. I have done two turn key deals and recently bought 3 properties at a tax sale. I really want to grow my business in the US, however my new cross-border accountant has basically told me that the accounting fees, tax return filings, bookkeeping etc. required to make my operation work the way I want it will eat up most of my returns and thus make these seemingly sweeter deals in the US not so sweet. I have made mistakes in the past using a C-Corp to hold property and realized how much that cost me.  My question is, are there any Canadians really making it work down south or are you finding that the cost to do business south of the border is not worth the efforts? 

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