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Updated almost 6 years ago, 01/10/2019
C-Corp for every deal?
I'm an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn't recognize LLCs the same as the IRS and you'll end up being double taxed. With a C-Corp, however, there is a tax treaty that eliminates this problem.
My question then is “If you’re preference is to register a new entity for each deal, wouldn’t it be crazy to register C-Corp after C-Corp as you do deal after deal?”