New to investing from Calgary, Alberta

[Neil Hatton]

Hello and good day. It was suggested I introduce myself to all here by Ming Lim. Took awhile but I think I have found the forum he suggested. I'm new to this aspiring career. The niche I'm interested in is wholesaling in the states then moving into buy and hold here in Calgary. Possibly buy and holds across the border as well. With that in mind, one question I have is about asset protection. Correct me if I'm wrong but this is how I see structuring my company 1 set up corporation here in Canada 2 use Canadian corp. to set up US C corp 3 use US C corp to set up holding LLC 4 use holding LLC to umbrella various state LLC's to function as company's that would be used for wholesaling, buy and holds and flips. Hopefully I will be able to pass thru profits to the Canadian corp. but still leave operating capital in the US LLC's. Is my line of thinking wrong or am I going overboard?