I’ve worked on a wide variety of deals, such as hotels, vacation rentals, ocean front, senior care facilities, agricultural (wine country and wheat) and other niche properties. 

Is the boom in senior housing?

It's that simple.The market in Lisbon has been overinflated by the Golden Visa and the massive buying of properties by Chinese citizens and others who didn't care what they paid for a property as long as they can get EU citizenship.

So, in this case, property expenses which would include all debt service to the senior lender comes off the top.

You can't unless you are a citizen. 

Canadians can use the 1031 Exchange to defer their United States tax consequences when they sell rental, investment or business use property in the US, and US citizens can use the 1031 Exchange to defer their United States tax consequences when they sell Canadian rental, investment or business use property, but they will always owe whatever the Canadian tax due might be.

May I ask if you are working outside USA and non person citizen shall I need to file income tax report in our home country too? 

There have been some older Bigger Pockets forum discussions (pre 2020) on the Senior Living Fund. 

Hello BP friends,Anyone here doing group living in OH, particularly in Cleveland? Would love to connect with folks who are killing it in that space.Thank you!Regards,Jay

I am a dual citizen and currently a long-time U.S. resident, but moving back to Canada this year.