I am also thinking of spending time at least part time in Montreal some time in the future (not now but maybe in a few years), and some preliminary research suggests a better return on investment in real estate in Montreal vs Toronto, so I am now considering buying a property in Montreal.However, I am also concerned about any implications given that I'm a US citizen and Canadian permanent resident living outside of Quebec.

Hi DennisI have coached people in Toronto and Quebec You’re not really being specific about where the property is in what state in United States or province in Canada you were working with can you explain what you’re doing

Here is a link to a site that can get you a real estate license for Quebec.

I am an accidental investor from Montreal, Quebec, looking to become a more deliberate one shortly!  

@Guillaume D.Your "flipping" should be viewed as an active business - the properties are inventory, your proceeds are "income" - which should be viewed as any other active business (software development, retail, etc).It's been a long time since I lived in Québec and banked with la Caisse Desjardins, but in general I find les caisses to be much more accommodating than the banks .... though Desjardins is so large now it effectively is a big bank.If you can partition your active (flipping, property management, etc) operational income from your passive (buy-n-hold, writing notes, etc) income, you should be able to demonstrate to your bank(s) that you have "true business income" Even then, they will likely want a personal guarantee.

I need help understanding real estate taxe benefits Here is an example purchase price 550k down payment 55k (owner occupied) 10%interest rate: 3%amortization: 25years monthly payment - 2415.191250$ a month towards interest on average for first yearmunicipal taxes : 4,665$school taxes: 913$property in montreal lasalle quebec canadait is a 4plex 2x4.5 and 2×5.5what will be the taxe benefits from this situation please explain how you calculated and how I can add the taxe benefits to my ROI for the year thank you very much

You do not have to allow pets in NB, nor do I believe in NS (unless that has changed recently, they tend to be almost as pro-tenant as Ontario and Québec).  

Id just like your opinion on a few details that are very "quebec" specific.

I moved to Brossard, Quebec and I am seeing the opportunity of owning realestate there to rent it out (that's what we do in Peterborough).

If you live in Montreal (Quebec), are fully bilingual (French + English) and are motivated, please feel free to reach out so we can see if we can make this a win-win.