I am a Canadian investor who is looking to purchase my first turnkey property in the next couple of months.As I am a Canadian resident, who is looking to build out my real estate portfolio. For tax purposes, I was thi...
I have a question regarding Canadian rental property for US taxes. As you know the foreign rental property is subject to a 40-year linear depreciation in US. Taking depreciation allows me to reduce my taxable rental i...
Hey, I own a real estate investment agency in upstate New York. I have been approached by a few people that are citizens of Canada that want to invest in the USA. They want my help to invest here but I do not know if ...
Hello All. I live in california and about to close on my first rental property in Cleveland, Ohio, and getting goosebumps over forming an llc. What am I supposed to do? Form an LLC in CA and bring Ohio (or any other s...
I know this may be a simple question but I am having trouble finding the answer. 1st, In regards to a single member LLC taxed as a pass through, which state do you pay taxes? I live in Illinois but the property that...
Hello everyone, I am a new investor who is aspiring for financial freedom, would like to seek for like minded people to start investing in states. So glad to be in bigger pocket community and hoping to achieve more to...
I am strongly considering to invest in the US for buy and hold properties with good cash flowing possibilities, and potential growth. Which markets should I research? Are there laws that I should be aware of as a fore...
Hello everyone,
I’m currently exploring opportunities to invest in real estate in Canada, specifically in the Osoyoos, BC area. As a non-resident, I’m finding the process challenging due to factors like high upfront ...
Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.
I want ...
Hi all, i heard from someone that in an effort to stop a home shortage and to stop the prices of homes from surging, the US government has imposed a 15% sales tax on buyers purchasing a home. Has anyone else heard of ...