Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Does Canada have a federal income tax? One of the advantages of owning rental property anywhere in the US is that this "passive income" and corresponding costs (interest, property taxes, repairs, supplies, depreciation) can be written off one's federal taxes. In the early years of ownership, this is one of the strongest motivations for being a landlord.