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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Goals, Business Plans & Entities

Post: Setting Up a Business Structure with a Foreign Investor

Account ClosedPosted
  • Chicago, IL
  • Posts 2
  • Votes 0
Thanks Michael, this is super helpful!
0 Votes
Goals, Business Plans & Entities

Post: Setting Up a Business Structure with a Foreign Investor

Account ClosedPosted
  • Chicago, IL
  • Posts 2
  • Votes 0

Hi all,

A business partner (from Canada) and myself (lives in Illinois) are looking to invest in buy-and-hold properties here in Illinois.  I was looking for insight on what would be the best business structure (e.g. LP, C Corporation, S Corporation, other) for this situation?  Key considerations are cost and complexity.

I did review the following post which discussed investing with a partner, but wasn't sure if working with a foreign investor is any different.

https://www.biggerpockets.com/renewsblog/2009/04/0...

Thank you in advance!

0 Votes