US Entity Setup for Canadians
How the property is held — before you promise a structure on the offer.
A short gated overview of why US DSCR desks ask for an LLC, when trusts show up, and what to have ready (ITIN/SSN, US banking, who guarantees). Not a formation service and not tax advice.
Do not form the wrong box
Title, guarantee, and tax reporting are three different questions. The guide separates them.
Lender vs accountant
What a DSCR desk wants on the note is not always what your accountant wants for filing.
Prep the call
ITIN/SSN, US bank, and who is on title vs who guarantees — listed so the strategy call is not a vocabulary lesson.
-
Lender requirement
Many US DSCR desks want the property in an LLC.
-
Liability
Separates the rental from personal assets. Does not replace insurance.
-
Tax reporting
US filing plus Canadian reporting. Confirm with a cross-border accountant.
-
ITIN or SSN plan
-
US bank account pathway
-
Canadian credit report ready
- Is this legal advice?
- No. Form the entity with US counsel. This is lender-path discussion prep.
- Will a land trust hide me from the lender?
- Usually not. Beneficial ownership still has to be disclosed on most DSCR files.
Email to download
Name and email. We send the file and can follow up on the matching desk.