Canadian and Other Foreign National Investors
Benefits and Risks of using a US Mortgage as a Canadian Investor
One of the many advantages of investing in real estate is the ability to leverage your investment dollars with inexpensive borrowed money. With positive leverage you can increase your returns in the short-term and triple or more your returns over the long term. With higher returns though, of course come…
Read More3 Most Common Ways to Buy Florida Real Estate from Canada
Did you know that in 2017, Canadians purchased $5.3 BILLION dollars in real estate, just in Florida? In general, there were 3 main ways Canadians were able to invest so much in Florida in just 1 year. 1. All Cash Canada is a…
Read MoreEstimating Florida Property Taxes for Canadians
There is a myth that Canadians have higher property taxes on their rental properties than local landlords. This is FALSE. All owners of investment property in Florida are taxed the same, whether you are Canadian, Floridian, or Martian! Property tax in Florida is determined by three factors: The tax…
Read MoreThe Canadian Landlords Guide to the IRS
U.S. Income Tax: US Taxes are a complicated matter, add in CRA tax returns and how both relate to the US/Canada tax treaty and everything said below must be taken as a starting point ONLY. You absolutely need to seek the advice of a qualified and licensed tax professional/chartered professional accountant that specializes in cross-border…
Read MoreCommon Myths: Investing in Florida Real Estate from Canada
Every day I seem to hear another question based on false or incomplete information someone may have picked up from google, a friend or even another Realtor whom simply doesn’t know better. Here are a few of the most common myths I hear and the real information you need…
Read MoreAdvantages of Using a Currency Exchange Company
Anyone can google “currency exchange calculator” and get the most up to date exchange rates. The problem is that the rates you will find this way are only be available to the banks themselves, or large exchangers that change millions every day. People like you and I can’t get these…
Read MoreU.S. and Canadian Cross-Border Taxes Simplified
Luckily Canada and the US are very good friends with a long-standing tax treaty that has for the most part synced well with each other. Hundreds of thousands of residents from both sides of the border live and work on the other side, so there is a robust infrastructure of…
Read MoreCommon Advice that Canadians Should NOT Listen Too
You always see me stress the importance of working with specialists in anything related to your cross-border real estate investment. This is because there are myriad minor and major issues that can arise and cost you time, money and aggravation that a “normal” professional won’t know about. Here is a…
Read MoreWhat to Expect Selling your Florida Investment Home From Canada
If you can remember when you purchased your Florida home, you may remember the process was a bit different, took longer, and at times was more complex than buying a property in Canada. Unfortunately selling a home in Florida is also going to be a new process for you…
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