I am a Canadian living in Calgary, AB, hoping to purchase my first real estate investment south of the border in the US this year! 

I think the known and unknown tax implications prevent many Canadians from investing south of the border. 

Hi, Cheryl, I know this is an ancient post, but I just happened to run across it and it's still relevant and had no responses, so I figured it wouldn't hurt if I chimed in.I'm a landlord and I operate a lead dust sampling business in Philadelphia, Delaware and Montgomery counties in PA. 

Looking into the south Jersey/Philadelphia/Delaware market,  any other first times out their beginning their research? 

Even if it is right on the border of another city. 

Total cost is $3,200.I know the De Minimus safe harbor rule allows you to deduct anything under $2,500 and that anything over this amount, if considered a capital improvement, would need to be capitalized and depreciated over a certain period of time (the life expectancy of the improvement).

I have 1 unit in Toronto Canada and want to look for opportunities across the border.

@Paul De Luca thank you!  

I’m currently visiting my family in Zenda, WI, a tiny town just south of Lake Geneva and on the border of Illinois.

We have done research about the whole investing piece, however, trying to find straight answers about how taxes work for Canadians investing across the border.