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Updated over 5 years ago on . Most recent reply
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Canadian investing in Texas
I am currently in college in San Angelo Texas and have realized how great the market in this town is for rental housing. I want my dad to purchase a house with his line of credit and then I will manage the place, but it seems like everyone I talk to has no idea how this works for Canadians in the states. I am looking for anyone with any expertise on this matter or contact info for someone that does!
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@Nick Seginowich
You should discuss this with a CPA well versed in cross border tax. There are a number of implications including tax filings, type of entity, etc.