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Updated over 5 years ago,
How to invest in Florida real estate for Canadians
Hi all, first post. So glad i found this site. I'm located in Toronto and interested in a rental property in Florida. I have been researching on the net and trying to create a checklist\notes, however I can't seem to find detailed info on tax implications. I'm new to property investment so essentially i'm looking for any advice on the process to purchase property in Florida, tax laws, fees, etc. and all of the facts. However, I'm also looking for advice on what areas to invest in which would be the most profitable for shorter and longer term investments. I also understand that property is quite different in Florida as there are condo fees, etc so I am trying to narrow down the property type, but again, appreciate any advice.