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Updated almost 4 years ago,
Need Advise on Real Estate Passive Investment as Non US Citizen
Let me say this BP is the best!, I have learned so much just by browsing through requests on BP, that i did not in last 5 yrs.
Now to my question, I am new to BP, and to real estate investing. My goal being to be a passive investor until i get my citizenship in US. As far as i have researched i should be able to form a LLC as a pssive investor and do all the operations under that roof. I want to know if there are folks here on BP that have been doing this and so what are the pit falls, and implications on tax and other legal issues.