A little birdie with the CRA told me that it's typically treated as foreign income, which is treated as "regular" income for tax purposes.  

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.

Canadians have an advantage in relation to other foreigners in that they can purchase properties and get financing via familiar Canadian banks.TD has a huge presence here and allows for easy cross border transactions.You can purchase 3 bed, 2 bath properties in many areas for under $200k that return $1200 to $1500 USD per month in rent.We liquidated all of our real estate in Toronto and moved to Florida last summer to fix and flip full time.

He wants any excuse to kick out foreigners.

I am not sure if I am competing with local investors and if they will welcome me or hate foreign investors.

I have relatively recently stepped into the real estate sector, so far brokering for some Spanish luxury realtors, putting them in touch with foreign clients with interest in purchasing/investing in Spain.

I had to speak to two papershufflers in the development's offices before I got an administrator who grudgingly confirmed that the children who live in the development are, indeed, are sent to the Warwick school district.The more I look at it, the more it looks like all this was intentional misdirection, to hoodwink the sort of out-of-state and foreign transplants who rent townhouses.

There are a lot of foreigners that buy here as a hedge against their own country's currency, and that won't decline with a worldwide epidemic.

I can say for sure that - this information is widely available but it takes lot of commitment For ex in the line item remove popcorn ceiling , repair cracks and retexturise - for 7800.

Gringo refers to someone who is foreign and English particularly someone from the United States often disparagingly!