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Foreigners Buying in the USA
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Updated about 12 years ago on . Most recent reply

User Stats

828
Posts
260
Votes
Jennifer Lee
  • Real Estate Broker
  • Gibsonia, PA
260
Votes |
828
Posts

Structure for my foreign investor

Jennifer Lee
  • Real Estate Broker
  • Gibsonia, PA
Posted

Hi BP

I'm so glad I found this section.
My investor is my immediate family, (foreigner)

She would like to finance one of my real estate deals.
1. Under her name? No tax ID.
2. Under LLC. Does she need to be here to do it? Will she be taxed, need tax ID and EIN
3. Under LLC I open. No mention of her...but since we are family we have understanding ( not an issue in past, no fear of CHEATING)

I'm looking for a lawyer but living in small town USA having a hard time finding someone with experience.

Thank.

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