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Updated almost 6 years ago,
c corp rent investing
Hi BP fellows
I am a French citizen living in France and I invest in the US through C corp paying IRS to the States. As I don’t want to be double taxed, I don’t serve dividends.
I intend to invest the cash issued from the rents in stocks (REIT, other safe high dividend stocks, bonds…) before the acquisition of my next property. My US bank told me that they will not allow this for a C Corp.
I hope it’s not a general rule, do you know if some banks allow this?
Have a good day!