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Updated over 5 years ago on . Most recent reply

User Stats

60
Posts
25
Votes
Nick Seginowich
  • Investor
  • San Angelo, TX
25
Votes |
60
Posts

Canadian investing in Texas

Nick Seginowich
  • Investor
  • San Angelo, TX
Posted

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!

Most Popular Reply

User Stats

1,407
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754
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Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
754
Votes |
1,407
Posts
Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
Replied

@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.

  • Lance Lvovsky
  • Loading replies...