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Updated about 10 years ago on . Most recent reply

Bob Couture's profile image
Bob Couture's profile image
Bob Couture
  • from West Springfield, Massachusetts
  • Member since Dec 28, 2013
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Bob Couture's profile image
Bob Couture's profile image
Bob Couture
  • from West Springfield, Massachusetts
  • Member since Dec 28, 2013
Connect
Bob Couture
  • West Springfield, MA
52
Votes |
188
Posts
Foreigners Buying in the USA

Foreigner Wants Vacation Home

Bob Couture
  • West Springfield, MA
Posted
I have a foreign relative that wants to buy a vacation home in California. They would use it a few months a year and rent it out when not in use. Most likely a cash purchase. What is the best way to go about this? - should an LLC be set up? - what strategy has tax advantages? - any seasoning needed on the money? Thanks, Bob
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