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Updated almost 4 years ago,
How do we buy real estate together? US + UK citizen.
My partner and I have been together for 6 years. I am an American citizen living in Florida and he’s a UK citizen. He has a B1B2 visa and comes to the US for business sometimes but still wants to maintain his residency/pay taxes in England.
I have two rental properties in Orlando, and can almost afford a 3rd. He'd love to buy with me, or help me buy another, but we wonder if we should set up a corporation, LLC or best strategy for us to partner together that's mutually beneficial for us both without doubling up on paying taxes, etc? Would love any advice if anyone has been in our shoes.