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Updated over 7 years ago,

User Stats

51
Posts
19
Votes
Robert Gunther
  • Kelowna, BC
19
Votes |
51
Posts

House sold to company in Singapore

Robert Gunther
  • Kelowna, BC
Posted

YouTube suggested I watch a CBS video from 2014, titled 'Woman lives nine years in forgotten house for free'.

The story is about a woman who was living in a house and the owner went to jail and she just kept living there....  Not so exciting.

What caught my eye was in the story the city auctions off the house because of unpaid taxes to a company based in Singapore.  Can they do that?  Can a foreign company purchase property in the USA or do they need to form a US entity?

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