I'm comfortable with hard work just not the corporate America, Work until your 70 and MAYBE you can get social security, type of hard work.

Lawyers dont like to work for free and if they see a lot of work to pierce a corporate veil with very little payoff they'll go away.

In reality, I work with all my tenants for each of their situations (unlike large corporations), but like all contracts, I'm just trying to get protection against the exception who is gaming the system.

But maybe the property is held indirectly by your US LLC through a trust or a Mexican corporation.

We get snow birds, contractors from NASA and surrounding technology corporations as well as others looking for short term rental units in this area.

However, it comes with other restrictions such as needing to use commercial lending and having to operate it as an independent entity, as it is a legal entity, to maintain and protect the LLC's corporate veil.As for the real estate market, I'm further west into NJ so can't help you much there.If you want to chat, feel free to direct message me.

But after building a "decent" portfolio, should I look into transferring these to an LLC or S-corp or similar?

Usually when it comes to this type of questions, it always depend on your personal situation and plan for the future, so your next step should be to talk to an accountant.That being said, still assuming your are located in Alberta, from my own research, when you are starting out a business you don't need to incorporate right away and can still claim some of these business related expenses on your personal tax.Creating a corporation will incur some costs to setup and and yearly accounting cost but definitely worth it as you grow your business.

@Jason PerryThere are a lot of requirements/thresholds to understand when creating an QOF(Qualified Opportunity Fund)Some of the many requirements are below1) create a partnership or corporation entity2) Fund it with capital gains3) invest in areas zoned to be a qualified opportunity zone.4) significantly rehab the property5) hold the property

I've worked very closely over the last 10 years or so with the other type of corporate inversion so I was interested what this other "inversion" was all about.