All Forum Posts by: Marco C.

@Roy N. & @Marco Santarelli, 

Thanks for the feedback! 

As you mentioned I am referring to Canadian properties. After doing some more research on other BP forums about this topic, and after reading your responses, I can see why creating a separate entity would be unnecessary for me as I begin REI. However, I do have a goal of expanding my real estate portfolio in the future, so if/when I reach that target I can re-evaluate whether or not incorporating will be the right decision.

Hi Everyone,

After doing lots of reading and research on the different investment strategies available, I am wondering what the BP community thinks about using a business entity to hold real estate? I am specifically wondering about this for Canadian real estate investment. 

What advantages/disadvantages come with this strategy? When is it appropriate to create a business entity? Why do people choose to use it (or choose not to)?  

Let me know your thoughts and opinions. Thanks!

Marco 

Thank you all very much for the responses @Chris Chang, @Sean Kollee, and @Marco Santarelli.

I will continue to learn as much as I can about real estate investing while understanding my goals and the current market situation. 

All the best!

Hi Everyone,

My name is Marco Carducci. I discovered BiggerPockets a couple months ago as I became interested in real estate investing. Since I am just starting out I have used BiggerPockets as a way to learn more about real estate investing, particularly through listening to the podcast, reading blogs and articles, and reading the stories and ideas from many categories of forums. So thanks to BP for the wealth of information and insight!  

As I mentioned above I am from Calgary, Alberta, so I am most interested about the market here as it will likely be where I begin purchasing real estate. I am not looking to dive in right away (personal situation for the next while is a bit unclear), but I think I am using this time well to gain as much knowledge as I can about the different types of investing strategies. I would be happy to hear from other members from Calgary for more specific insights into the market here. By the way, insight from members from around the world is just as welcome!!! 

Thanks!

Marco