If you want to do a real deep dive into a property, though, I would use a calculator that references Canadian taxation and mortgage calculations.

Nobody knows all the answers, even within our niche of real estate taxation.

We don't know what business form would be ideal and how to avoid taxation becoming a nightmare.

Originally posted by @Eamonn McElroy:@Nick BrandonGet a tax pro on your team who is familiar with US taxation of non-resident aliens.The US tax code is particularly not friendly to non-resident aliens investing in the US when it comes to real estate or operating business income.Ask about the Canadian tax ramifications of investing in an LLC taxed as a disregarded entity or partnership, and whether a C-Corp election makes sense in light of the former question.I'm not an accountant or attorney so no advice given here, but the most recommended method to acquire US real estate as a Canadian is either in your personal name (if only a few) or via a Limited Partnership (LP).