Canadian renting out property in USA?

Question

As a Canadian am I legally allowed to purchase and rent out a house in the USA, while living in Canada?

Answer 1

yes but you must return home at least every month or two...

i am the the other boat i live in the usa need to rent a apartment in canada but work in the usa lol still looking into it

they many need a month or two rent up front due to the fact they can not check with your job" in canada" to see if you work and can pay the bill on time also your credit report will not cross the board with you so you well have no credit in the usa ! you can buy a house in the usa but no usa bank well give you alone "due to no credit on file" as fair as i know

see below

"Canada does not have a Social Security Number. They have a Social

Insurance Number (SIN) which serves much the same purpose on a credit

report. Since the USA and Canada are different countries with

different systems, the SSN and SIN are almost certainly different

numbers. So, if you have a John Smith born on January 1st, 1980 who

gives his address as 100 Broadway in New York City with the SSN

123-45-6789 and a John Smith born on January 1st, 1980 who gives his

address as 100 Main Street in Toronto with SIN 987654321, there is no

way for a US or Canadian credit bureau to instantly know whether or

not this is the same person."

so ask a bank in canada where they stand on a loan for a house in the usa and you can not pull money from your canadian retirement pension plan for a buying a house in the usa

good luck and best of wishes