As a Canadian, we have to pay taxes on all our earnings worldwide.

My concern is that this might be at a very top level.LLC’s are a different story, where residency is important.Since you reside in CA, you will be taxed in CA on world wide income.

@Frank GrecoWhile Florida does not have a state income tax; New Jersey(which I assume is where you live) does have an income tax.As a NJ resident; you are required to report worldwide income which would include the income from rentals located in FL.Having an FL LLC or a NJ LLC that registers in Florida will not change the above scenario.The good thing is that rentals often report a tax loss as a result of depreciation; but this is something to consider when you run out of depreciation and mortgage interest which may put you in the taxable income territory.

The short answer is...I'm not taxed differently than a resident except that I need to consolidate all of my worldwide income and tax deductions and then pay tax on the remainder. 

Not on the level of LA because that is unique worldwide but still I expect this organics to grow.

Many of us accountants have clients worldwide.

My goal is to provide our clients the quality service they need to turn properties quickly into revenue generating investments.My Clients Include:• Property managers• Commercial/Residential property owners• Property investment groups and companies• Realtors• Insurance companies• BuildersMy company focus on helping investors worldwide flip and hold properties in Kansas City with an 18% plus average return on investment. 

Many of us accountants have clients worldwide.

Many of us like myself and @Brandon Hall have clients worldwide.

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