Canadians Investing In Indianapolis

[Charles Hill]

Hello BP Members,

Here in Vancouver, BC I have spoken with several people who are interested in investing in single family homes and duplexes in areas other than the Sunbelt. Memphis is one area. I am interested in Indianapolis because I have family there and a property management company contact. My question is threefold.

(1) Are there Canadian investors on the BP site that have personally invested in a US property, or have assisted other Canadians in that process? If you have, or know someone who has invested specifically in Indianapolis, Indiana that would be a bonus!

(2) If there are Canadians who have invested in US real estate, did they use RRSP (Registered Retirement Savings Plan) money? Did they transfer money into a self-directed RRSP?

(3) I would like to speak with a lawyer who has assisted Canadians investing in the US market, in terms of forms, taxes, and any other documents that will be required for cross-border investing.

Thank you for reading and replying to this request.