All Forum Posts by: Eagle Yeh

Hi everyone,

I am investing in US real estate through a USLP where I own 99% individually as a limited partner. Does anyone know where I put the losses of the US LP in my Canadian tax filing? Is it against personal income (Line 12200 of personal income tax return)?

Thank you

Dear BP community,

I am looking into new constructions in Memphis, TN 38127. It's not an area I am very familiar with. I would like to seek feedback if anyone invests here or knows about the area.

Thank you!

+1 on Nathan's comment

Hi Clyde,

Do you know why your mom wants to sell? Is she moving to another city? or is she looking to retire?

If your mom is looking to retire, maybe you can propose to buy the property with seller finance, and that way she gets a steady monthly payment with good interest and you can decide how you want to deal with the property. If she needs the lump sum from the sales, you can approach the traditional loan yourself to buy her out.

Either way, I would not recommend "convincing" her not to sell. I imagine she would not want to take on the work to be a landlord. Instead, you can find creative ways to purchase the property from her and find the win/win.

 I am actually looking at the US market now. Compare to Canada I think it just has more opportunities.

Hi @Santesh Jaggernath, I am in the exact same boat with you and everyone's been very helpful so far in recommending various markets in Canada. I haven't bought my first property yet but if you want we can connect so we don't feel alone in this market XD

Thanks Remington and Brandon. I have booked a meeting with Kyle. I am looking for OOS investor's recommendation as well from a customer perspective :).

Hi,

I would like to connect with a few property management companies in Columbus OH, especially the ones with experience in working with foreign investors.

somehow my post got cut short. I will be looking to connect with you to learn more about the opportunity in Saskatoon and hoping to find more contacts through you to build a team!

Thank you @Dwayne Poster @Account Closed