Foreign National (Canadian) funding for LP
Good day,
I am a realtor in Ottawa, Canada, and an investor locally. I am looking to branch out to the US with my investing. In order to avoid double taxation, I have been instructed to set up a GP LP structure, which I have done. Canada does not recognize LLCs so this would have required me to pay tax in both countries. The LP allows me to pay tax in the US and then get credit for that tax payment when doing my taxes in Canada.
I am looking to get in touch with a lender that will lend to my LP as a foreign national to discuss what I might be looking at for rates and terms. If you are a lender than can help with this situation, please feel free to reach out. Thank you for your time.
Regards,
Elliot