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Updated about 7 years ago on . Most recent reply

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8
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Sam Mason
  • Atlanta, GA
0
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8
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CPA / Lawyer Recommendation (need to be familiar with UK/US laws)

Sam Mason
  • Atlanta, GA
Posted

Hi all

I am a dual UK / US citizen currently working in the UK. As such, I have to file both UK and US taxes. I own a home in the US (Atlanta) and want to buy a home in the UK soon. I also have c.$500k to invest in US real estate (mainly rental properties, all over the country) over the next 4-5 years. 

I really need a CPA and a lawyer who are familiar with rental property investment strategies/structures AND UK/US taxes (or are willing to learn) to help me navigate this. I also need advice as to how to set up my investing strategy/structure both now and down the line.

For example, I understand I technically may not be able to put my properties in an LLC at the moment without violating the terms of the mortgage. However, when I have a portfolio of 10-20 properties generating income, can I then deed them into an LLC and the income becomes the income of the LLC which I can use to borrow? This is just one of many many questions/considerations I have.

Any recommendations would be much appreciated!

Thanks

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