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Updated over 5 years ago,

User Stats

13
Posts
6
Votes
James Sreewarom
  • Investor
  • Buena Park, CA
6
Votes |
13
Posts

30% withholding tax for foreign investor.

James Sreewarom
  • Investor
  • Buena Park, CA
Posted

Hello.

I have a foreign friend who is interested in invest in rental property, but there is one concern that he has to pay 30% withholding tax. We agree that I will be a manager for finding good deal since I know the market well. We agreed that he would give 5% of whatever it left from property manager company to me. Base on this circumstance, what kind of set up I should do? And is there anyway to avoid that 30% withholding tax for foreign rental? Right now, I'm investing in Las Vegas. I don't mind paying attorney or CPA, but I want to make sure there is a way to avoid that 30% tax first

Thank you very much. 

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