Foreign Investor Tax Implications

[Alex Rozenfeld]

Hello BP community,

I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to make sure that I include tax liabilities in my calculations.

I understand there are a lot of different legal structures for holding a property.

1. What is the most beneficial structure for the best tax results?

2. What tax rate should foreign investor pay on operating income, equity re-distribution and capital gain?

3. Are there any other withholding taxes?

Thanks!