You can screw this up royally by not understanding and following the letter of the law, and delay getting paid or recovering the property for months.  

hey canadian investors, quick question: me and a guy i know who is a canadian citizen but not currently a resident are planning to acquire some rentals in quebec, canada, to generate some cashflow. we plan to split the down payments 50:50. however, we aren't sure what would be the best way to structure these purchases. obviously, the corporation is the closest thing to an LLC in canada, but i've been reading quite a bit, and even talked to a lawyer and accountant who manage my family's finances, and they both seem to think that it would be better to start off purchasing as an individual, my friend would deposit an interest free loan into a joint account, and make the purchase from there.this seems to go against pretty much everything i've read with regards to structuring, i know there are some advantages to purchasing as individuals, but most seem to recommend purchasing in the name of a company. do any canadians have any insight into this question, especially with regards to my unique situation (2 people, both citizens of canada, but only one a resident, splitting down payments on rentals)?

Felt Roof Deck Protection $18.53 7 $129.71GAF Royal Sovereign Charcoal 25-Year 3-Tab Shingles (33.33 sq. ft. per Bundle) $23.40 48 $1,123.20TOTAL: $1,567.55

So ideally you want to ensure you have a CPA (I believe Canadians use the same acronym although it stands for something slightly different) that is well versed in CA and USA real estate tax laws. 

This property is in the Ferndale area, specifically in Royal Oak Township, if that helps.I appreciate all advice in advance!

This post in one example and there was another a month or two ago from a Canadian contributor on Mass.

I have never seen anything written in the regulations here limiting the number of shareholders in a Canadian-controlled private corporation (CCPC), but I'll now go searching the securities and CRA bulletins to see if there is a published interpretation.

Hi,Anyone have an idea how profits from a flip done in the USA are treated tax-wise when the funds are brought back to Canada?  A little birdie with the CRA told me that it's typically treated as foreign income, which...

I am looking for SF to flip, we're in different business target then, good luck :)You may want to use Crexi Intel for that purpose, btw@Carlos Ptriawan what about the Canadian market do you have any intel for SF up here?

I am a Canadian that has been looking at doing BRRRR in the USA, specifically in the Augusta area.I have a realtor, property manager, and rehab contractor in place.What I am struggling with is the foreign aspect for me.