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All Forum Posts by: Nathan Wiebe

Nathan Wiebe has started 16 posts and replied 40 times.

Post: Comparing US Markets

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

@Eric Fernwood wow, thank you for taking the time to write that all out. Best reply I could’ve received. It was a very succinct explanation of the economies of real estate.

Post: Comparing US Markets

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

Thanks everybody! Unbias doesn’t exist and I’m seeing a strong leaning towards Cleveland on the thread. 

@Jason Cory that was a great post. Thank you for the concise economic breakdown. 

What are some good free websites to research markets on? What’re some people’s process for researching or looking for a new market when there are so many markets?

Post: Comparing US Markets

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

Ya, you’re right. Alright, can people try to sell me on those markets? 

@James Wise Ya, I’ve gone through that article a bit. The grading was really informative. I enjoyed the method.

Post: Comparing US Markets

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

Can people give me some unbiased opinions on a list of markets and what they’re seeing in those areas? Using a scoring system can people rate these markets on a scale of 1-10 for population growth, job growth, and vacancy rates decline? Even just the one you’re familiar with. 5 is average.

Charlotte, Dallas, Tampa, Orlando, Cleveland, Indianapolis, Milwaukee, and Memphis

Eg. Charlotte: PG (population growth)-8, JG (job growth)-9, VR (vacancy rates)-8.

Hello from Edmonton @Account Closed! I’m trying to do the same thing as you and also having difficulty on the financing side. If either of us have any luck let the other know?

I just started working a coop in the Crossborder division at PwC in Edmonton and my understanding of an LLC is not necessarily that the CRA doesn't recognize it but that they recognize it as a Corp. So it doesn't have the same benefits of avoiding double taxation for Canadians as for US nationals.

Does anybody know of portfolio lenders willing to work with Canadians (I guess technically I’m a non-resident American, but my money partner is Canadian)? And what would those terms usually look like?

Post: 8288 Tax Withholding

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

Investment property

Post: 8288 Tax Withholding

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

I’m a US citizen, living in Canada. Just curious if I’d still need to pay that 10% foreign tax witholding on the sale of a US property if I’m a citizen.

Post: 8288 Tax Withholding

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

Does anybody know whether a US nonresident is subject to the 10% tax withholding on the total proceeds of a US property?

Post: Using 1040 as Income Verification

Nathan WiebePosted
  • Sherwood Park, Alberta
  • Posts 42
  • Votes 7

So theoretically all I need now is to build a decent credit score in the US and I could get Freddie/Fannie loans without actually being a US resident? All they need is income and a credit score right? 

If I co-signed with someone with good US credit could I get a regular bank loan?