Tax Consequences for U.S. Investors Of Foreign Real Estate
Monday, February 21
We recently sat with a U.S. client planning to invest on international real estate. Going offshore for your real estate investments changes the game for tax reporting. One of the first consequences is that you will not be able to deduct the interest expense on foreign mortgages. Tax Consequence...
Things You Need To Know Before Buying Your First Investment Property
Monday, February 21
Buying your first property with a mortgage is quite different from buying with cash. Starting with the down payment and ending with the market price we pay at the closing date, when you buy with mortgage the tendency is to pay full market price. This is something we realized during the purchase...
Is LLC the Best Business Structure for Real Estate Investment
Monday, February 21
Many real estate investors have a hard time deciding which business structure to choose for their venture. A decision like that isn’t easy because different formations bring different benefits and in some cases, depending on the real estate investor’s circumstances and priorities, one is certai...
Why Getting a Tax Accountant Before Investing in Real Estate is Import
Monday, February 21
Some investors often make the mistake to go into real estate without hiring a good professional tax accountant first. The wise ones, though, know that this is an essential step towards their success and it is not one to be missed. So why getting a tax accountant before investing in real estate ...
Formation, Operation and Dissolution of Business Organizations for REI
Monday, February 21
After we spoke about the benefits and downfalls of different business organizations for real estate investment, in this article we will go a little further in explaining the processes of formation, operation and dissolution of partnerships and corporations. We won’t be discussing sole proprieto...
What Business Organization is Best for Real Estate Investment
Monday, February 21
Most real estate investors are looking for reliable tax shelters and ways to maximize their investment profits. In many cases this is achievable through choosing the right business organization through which the real estate investment activity operates. Today we are going to look at several opt...