@Manvir G.The US has non double taxation treaties with most developed countries including Canada.If the property you are investing in is the only US asset you own, taxation will likely be 0 or close to it.

I'm not aware of any...most entities receive pass through tax treatment (except C corps but there is a double-taxation problem with those)...but I'm not a tax expert.

First, if you, like most investors, do not have a solid understanding of real estate taxation, we will educate you and make sure you're not leaving money on the table by overlooking existing deductions and credits.

I don't want to be exposed to double taxation on that money.

The State Department of Assessments and Taxation (SDAT) are the ones who set the value of property based on the market value of similar properties in the area.

That's why I say don't do anything but tax at Big 4.  

One important consideration when investing in an operating business is the additional taxation you'll be subjected to.

For instance, what are the long term consequences of being able to invest approx. 35% (referencing your numbers from above, 10% penalty + 25% taxation) less cash into the initial purchase? 

(D-Los Angeles)- Local Government: Surplus Land Act: exemptions.AB 1764 by the Committee on Housing and Community Development – Housing omnibus.SB 4 by Scott Wiener (D-San Francisco) – Planning and zoning: housing development: higher education institutions and religious institutions.SB 34 by Thomas Umberg (D-Santa Ana) – Surplus land disposal: violations: County of Orange.SB 82 by Seyarto (R-Murrieta) – Property taxation: disabled veterans’ exemption: eligibility letters.SB 229 by Thomas Umberg (D-Santa Ana) – Surplus land: disposal of property: violations: public meeting.SB 240 by Rosilicie Ochoa Bogh (R-Yucaipa) – Surplus state real property: affordable housing and housing for formerly incarcerated individuals.SB 267 by Susan Talamantes Eggman (D-Stockton) – Credit history of persons receiving government rent subsidies.SB 341 by Josh Becker (D-Menlo Park) – Housing development.SB 423 by Scott Wiener (D-San Francisco) – Land use: streamlined housing approvals: multifamily housing developments.SB 439 by Nancy Skinner (D-Berkeley) – Special motions to strike: priority housing development projects.SB 482 by Catherine Blakespear (D-Encinitas) – Multifamily Housing Program: supportive housing: capitalized operating reserves.SB 520 by Kelly Seyarto (R-Murrieta) – Property taxation: homeowners’ exemption.SB 593 by Scott Wiener (D-San Francisco) – Redevelopment: successor agency debt: City and County of San Francisco.SB 684 by Anna Caballero (D-Merced) – Land use: streamlined approval processes: development projects of 10 or fewer residential units on urban lots under 5 acres.SB 713 by Steve Padilla (D-San Diego) – Planning and zoning: density bonuses: development standard.SB 734 by Susan Rubio (D-Baldwin Park) – Property tax: possessory interests.SB 747 by Anna Caballero (D-Merced) – Land use: surplus land.SB 789 by Ben Allen (D-Santa Monica) : Elections: Senate Constitutional Amendment 2 of the 2021–22 Regular Session and Assembly Constitutional Amendment 5 of the 2023–24 Regular Session.

@Arshad HussainWe do not have the full information, but I suspect that your CPA was correct but did not explain it well to you.You were probably trying to eat the cake and have it, too - which is not possible in taxation.