Episode 72: Navigating Cross-Border Real Estate Investments for Canadian Business Owners
Oct 29, 2024In this episode, our host Bob Gauvreau explores the essentials of cross-border real estate investment, guiding Canadian business owners on how to strategically expand into the US property market. Bob underscores the importance of structuring investments with a C Corporation to reduce tax burdens and enhance returns—a crucial approach for those looking to grow their portfolios internationally.
Bob covers effective strategies such as using LLCs for real estate holdings and leveraging double-declining depreciation, which aid in optimizing tax efficiency and boosting overall investment results for Canadian entrepreneurs.
For anyone considering US investments to diversify and build long-term wealth, Bob offers practical insights on tax-efficient structures, identifying promising regions, and steps to prevent double taxation.
Don’t miss this opportunity to gain valuable guidance for navigating the US real estate market effectively. Tune in and empower yourself with the knowledge to make informed, impactful investment decisions.
Episode Highlights:
- 00:00 Welcome to The Wealthy Entrepreneur Podcast
- 00:13 Investing in US Real Estate for Financial Freedom
- 02:25 Current Economic Climate and Real Estate Opportunities
- 04:37 Structuring US Investments for Tax Efficiency
- 06:40 Investment Structures and Tax Implications
- 07:00 Depreciation and Tax Efficiency in US Real Estate
- 13:04 Opportunities in US Markets and Final Thoughts
Resources:
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