But I’m concerned from a US tax perspective that owning a foreign corporation who’s income is entirely passive (ie rent) will be classed as a Passive Foreign Investment Company (a PFIC) and I believe the taxes for these are bad too!

I am currently trying to educate myself and plan for my eventual start in REI.I've read the BP ultimate starters guide and am now reading a book on flipping houses, however, it seems most of the material I've come in contact with is based on the American market.What type of real estate financing options do Canadians have?

Good morning BP,Today I began looking into securities lawyers and corporate structures and I am curious if anyone can explain how a fund works.I was listening to BPP recently and one of the early ones had an individual who approach his police friends from work and they managed to pool together money in a fund.

I'm in the process now of checking on one and going thru the usual suspects, B2r, firstkey, Colony American Finance, and then after that I tried a broker.

This is what I got out of a day job in a corporate setting...1.  

@Stephanie CabralI am currently applying for a 100% LTV HELOC.Two local banks offer this: FINEX Credit Union and American Eagle Credit Union.

Or can I use a Nevada corp? Or

Professional corporation?

When I semi-retiree from my corporate job in two years I may look into retaking the classes and getting my license then since I might have time to play the retail side of things. 

I don't want to settle as one of those 40 hr week corporate dudes.