All Forum Posts by: Account Closed

@Eran Withana I only have a small portfolio myself. I find that a CPA is helpful. I went with a larger firm that has juniors at a more reasonable rate. This allows me to grow into the firm. The reason I chose the place I’m at is because they were large but also willing to take on small accounts and gave me honest advice. I was also able to get a free consultation so we could see if my needs and situation would work for their firm. Some places wouldn’t sit down with me for less then $200 for a consult. Do some research. I bet you can find someone good. The most important part is finding a person that is a good fit for you and has your interests in mind when doing tax planning.

@Elliott Milek Thank you for your advice, I will look up Omar and do some more research.  I think I need to scale more in Canada before going South!

@Lior Reich I agree with you. I would like to have more of a direct approach rather than a REIT. In located in Alberta so close to me is either the west coast or Montana.

@Vick Galu I haven’t heard of him but I will look him up and see if he has any info that is useful to me. Thanks for your help!

I am relatively new to the rental industry. Currently have one property here in Canada but I’m looking into the US because it’s hard to find a deal here in Canada that makes sense.

I'm wondering if anyone has any experience doing this and how they set it all up. Taxes, LLC or C Corp, etc.

Is it easier to just put my money into a REIT that invests on the US? What about property management? Is it worth the risk/reward investing south of the border for Canadians?

Any advice would be great. Thanks