Structure to invest in a US syndication for Canadians

[Doïna B.]

Hi everyone,

I'm a Canadian interested in investing in a US multifamily syndication. The issue is that most syndications are structured as LLCs, which are not recognized by the Canada Revenue Agency. 

If I were to invest directly in a LLC, that would result in double taxation.

To bypass double taxation, do I absolutely have to invest in syndication that is structured as a LP (which greatly limits my choices), or can I set up an LP in Canada that will 'hold' the LLC?

Thank you in advance!