All Forum Posts by: Maripier Carignan

Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and annual tax returns fees.

Thank you

Hello, this is my first post here, and i hope I am doing this right. I got involved in investing in a rental property a couple of years ago. My interest is maybe to own max 2-3 rentals. I was advised by a lawyer to take a very intricate and also costly Corporative entity with a LLLP, but the annual fees are very high, as well as the annual tax returns costs. I would like to simplify my structure and my annual fees too. Would buying a rental under a trust be a better choice? I know my structure gives me a good liability, but I would like to have other advices if any about this matter.

Thank you