Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
30% withholding tax for foreign investor.
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.