1. EachPod
EachPod

Best U.S. Real Estate Investment Structures For Canadians With Gillian Irving & Michael Matthew

Author
Scott Dillingham
Published
Wed 07 Feb 2024
Episode Link
None

Send us a text

In this episode, Gillian Irving interviews Michael Matthew, a seasoned accountant with over 30 years of experience, about the optimal corporate structures for Canadians investing in US real estate. The discussion demystifies the complexities of cross-border investing, exploring Michael's unique "Triple C" corporate structure and providing essential insights for investors looking to expand their portfolios into the American market while avoiding common tax pitfalls and legal complications.

Key Timestamps:
[0:00] Expert Introduction
- Professional background
- Cross-border expertise
- Advisory approach

[4:30] Corporate Structures
- Triple C structure explanation
- Entity types overview
- Tax implications

[8:45] LLC Considerations
- State selection strategy
- Multiple entity management
- Cost considerations

[12:30] State Selection
- Landlord-friendly jurisdictions
- Tax implications
- Registration requirements

[16:45] Asset Protection
- LLC structuring
- Value thresholds
- Risk management

[21:15] Setup Process
- Entity formation timing
- EIN requirements
- Bank account setup

[25:30] Common Mistakes
- Personal ownership issues
- Compliance requirements
- Information reporting

Key Strategy Points:
1. Corporate Structure
- Triple C implementation
- State selection criteria
- Entity management

2. Tax Planning
- Cross-border considerations
- Reporting requirements
- Compliance management

3. Risk Management
- Asset protection strategies
- Entity separation
- Insurance considerations

Contact Information:
Email: [email protected]
LendCity: [email protected]

Important Tips:
- Start entity setup early
- Consider landlord-friendly states
- Maintain proper documentation
- Plan for compliance requirements
- Structure based on long-term goals

Book A Strategy Call With An Expert On The Team

Support the show

Share to: