Setting Up a Business Structure with a Foreign Investor
Hi all,
A business partner (from Canada) and myself (lives in Illinois) are looking to invest in buy-and-hold properties here in Illinois. I was looking for insight on what would be the best business structure (e.g. LP, C Corporation, S Corporation, other) for this situation? Key considerations are cost and complexity.
I did review the following post which discussed investing with a partner, but wasn't sure if working with a foreign investor is any different.
https://www.biggerpockets.com/renewsblog/2009/04/0...
Thank you in advance!