Using Corporations to Buy Investment Property in Canada

  Рет қаралды 892

Rock Star Real Estate Inc

Rock Star Real Estate Inc

Күн бұрын

Using corporations in Canada when you're investing in rental properties has some solid advantages. But there are challenges with it as well. We discuss the advantages and disadvantages of using corporations versus buying and holding property personally. We have learned a lot of this by making many mistakes ourselves in this area along the way!
Remember, we are not lawyers or accountants so get proper professional advice before taking any action from what we share.
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Пікірлер: 4
@TheSIDation
@TheSIDation 25 күн бұрын
Hey Tom, which Mortgage broker and accounting firm do you recommend?
@tyronegreen2412
@tyronegreen2412 Ай бұрын
Common sense if you are a Canadian just like I am a Canadian get an LLC in the United States maybe in New York or wherever and do your investing in America also opening up at a trading account for your LLC with one of the big brokerages like The barriers to entry or nil you can put $1 in the account the trading account and start trading stocks by fractional shares trade options etc rental property here is dirt cheap there's not sky high prices with lots of farthest driving the prices way higher than ever like what's going on in Canada right now us as Canadians we have to expand our horizons and look further than just Canada to do business because Canada is actually taking us for a trip south where yields are hard to come by and prices are very very high just my opinion but I've been very successful in the United States and I'm a guy born in Don Mills
@CluelessEngineer
@CluelessEngineer 28 күн бұрын
Hey bro. I'm doing a flip right now in Ontario. You have a email or a number or Instagram? Id like to text you since I'm looking to expand into the US next year and need some advice
@TheSIDation
@TheSIDation 25 күн бұрын
Which markets do you think I can focus on?
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