Posts Tagged ‘LLP’

Buying a US property? LLP one form of ownership

Posted on: June 27th, 2011 by Peter Cuttini 1 Comment

Over the past few years, we have been seeing more U.S. properties being purchased by Canadians using a¬†Limited Liability Partnership (LLP) structure. The LLP structure can be used to minimize legal liability¬†risks, while allowing preferential tax treatment of a flow-through entity to the individual partners. The partnership must file a 1065 U.S. Return of Partnership […]