Canadians investing is U.S investment properties(Success stories)

[Jason Shackleton]

I have a few questions for Canadians investing in U.S investment properties. Can you please share your success stories? I would love to hear about your experience. What were some of the biggest challenges you faced? What are some things that a new investor should look out for? Also knowing what you know now would you do it again?

Thanks In advance!

[Elizabeth M Williams]

@Jason Shackleton I do capital raising for US commercial RE syndications, and am an SEC Registered Representative. I have a Canadian investor about to deploy into 2-3 of my deals, and he's speaking with a few cpa's to best work this out. I spoke with one of them, who was a bit on the expensive side, but what I understand so far is that rather than an LLC, it's best for Canadians to invest via setting up an LP. From a tax perspective, you won't have as many advantages as you would as a US citizen, or other foreigners, for that matter, but I've been told that the returns still make the investment worthwhile. Happy to share a few names with you if you'd like. I believe once the LP is set up, the process is the same as for other foreign investors - ITIN, local bank account. But I work in syndication, so not sure if for individual properties the same rules apply.