I'm excited you started this conversation because I was also under the impression that it was better for Canadians to form some kind of corporation to hold their US investments.

If you are already an S-corporation, you can run this activity there if your legal team does not have any objections.

The Corporate Transparency Act (CTA) requires LLCs and other entities to disclose who their beneficial owners are to the U.S.

You can try to negotiate something with the tenant currently occupying the unit, but they generally wouldn't have any obligation to move until the end of the lease.

Note they are not under obligation to rebook you, they could rebook another property.

The only way to exclude a mortgage debt (no matter how many payments have been made) is IF the party making the payments is also obligated on the debt.

There will also be accounting/bookkeeping that will need to be done for the LLC, you may have to pay for that also, as well as a corporate kit.Or You could wing it and try and do it yourself, if you think you know enough to make a good decision without expert help.Good Luck!

Get a lender, enter into contract, close escrow, enjoy your new home. if you have less than 30 days, you would need the seller's cooperation to contact the foreclosing entity to see if they will postpone to give you time to close the deal. it's not guaranteed and the lender is under no obligation to do so but if everyone wins (seller sells, lender gets paid off in full, you get a home), most lenders will provide a small window of time to get it done.

That's up to their broker, who is not part of this LLC.Additionally I'd keep in mind that if 25% of their sales are from themselves, family members or corporate entities they have a financial interest in, then their E&O insurance will likely be voided.

Note: no - you cannot exclude a mortgage in any case but what you can do is offset the obligation with income from rental income and/or notes receivable.