Cross-border taxation is often a concern for new investors or experienced investors that have not done business in the USA.
The truth is that if you choose an established and reputable Accountant, you experience will be positive.
Canadians have the strong advantage of a well-established Tax Treaty between the US and Canada.
Canadians can own 100% shares of a US Company or buy investment properties under their own name.
The Tax Treaty with the US makes the opportunity to purchase US Real estate very real for Canadians in particular (and also for other Foreign Nationals).
A good reputable accountant with significant experience doing US tax returns should be consulted for the alternatives and your specific requirements.
There are several interesting options available to Canadians depending on the number of properties you want to buy, your individual objectives and specific tax situation.
In our training we provide you with the information of the Professionals we use; if you are interested please check the “Get Started” section.
We encourage our investors to use anybody they feel comfortable with, sometimes their own accountants can be the right Consultant, as long as they have significant experience doing US taxation for Canadians.
Our recommendation is to work with an Accountant with a minimum of 3 years filing US tax returns for Canadians, and a yearly volume of 35+ returns. Ask for 4 to 5 solid references.
