Hi everyone, I would like to start the wholesaling business in USA and I talked to a CPA in Canada for registering a US C-corp with a Canadian holding Company for "asset protection and tax" purposes.

@Naresh Achary Vadla- thanks ...ask your CPA for opinion / options ....if you sell for approx  1 mill - your nest proceeds  will be lower than you think ... if you are not interested  in remaining a landlord- sell ...if no need for funds and being a landlord is OK -  keep renting it . 

Thirdly, a huge tax break (check with CPA). 

My cpa is a tax filer.  

These are all things you will want to discuss with your attorney and CPA.

I'm not a CPA or an EA, and I learned some about this topic here.

You should have discretion over how ownership and profit distributions are governed.A strong CPA or attorney should be able to cover most of this.

I'm not a CPA...

But I’d ask your CPA if this random on the internet is right. 

A good property manager will manage the property and a good CPA will help with taxes.