I'm curious about taxation, legal issues etc.

As previously mentioned though, there is the foreign tax credit route you could use to avoid double taxation.

You don't want to hold real estate in S-corp and C-corp - Owning Rentals in an S Corporation Might Be a Costly Mistake.That leaves you with the LLC - and even here there are many things to be discussed (when to do it, how to do it, proper transfer to preserve title insurance chain, DOS, financing, management, distribution of properties per entity, insurance etc.).The LLC is a legal concept, of no particular taxation benefit (you can have it as a disregarded entity for taxation, or taxed as a S-corp or C-corp).

., consult an accountant versed in cross boarder taxation before embarking in an LLC as they are typically not recognized by the CRA.   

Vollucci, is considered to be one of the foremost authorities on real estate taxation and investing and has authored books in these fields published by John Wiley & Sons of New York.

As his intent was to flip the property, taxation of the gains is exactly the same regardless of how long (or short) of a time he held the property.

Feel free to message a couple for a consultation and choose an accountant that you feel connected with.You just need to reach out to the ones who understand the taxation regarding non-performing notes.

Inflation is the new backdoor taxation... we all lose buying power to keep the house of cards upright, and the way it's going we're going to have to lose this value a good bit faster than we are now. 

So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...

Isn't that taxation of internet traffic?