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Canadians Doing Business in America

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Posts: 0
(@Anonymous)
Joined: 1 second ago
[#396]

Hi,

I am a Canadian Citizen. I want to open a US company to purchase real-estate in the US. I will be getting funding from US banks. I want to avoid being taxed-twice. I have a job in Canada which sustains my lifestyle. I do not plan on taking personal income from the US business (only reinvesting into the business, for now) until I quit my Canadian job, but that is down the road maybe a few years. Which company should I open? (ie -c-corp, llc..etc)

Thanks in advance!


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Posts: 663
(@dexter)
Joined: 3 months ago

You should open up a US Limited Partnership (US LP). With this structure, your liability will be limited and you will avoid double taxation.


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