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All Forum Posts by: Mohamed Elkashlan

Mohamed Elkashlan has started 3 posts and replied 7 times.

Post: Offering Consulting Services

Mohamed ElkashlanPosted
  • Posts 7
  • Votes 1

Hi Chris, I’ve consulted with securities attorney and they said it’s fine as long as I’m just acting as an advisor and have no involvement in closing the property - the realtor deals with that.

I've got things from a CPA side sorted, want to open an LLC. Need a business attorney for the service agreement between the company and clients and on operating agreement for myself and my business partners

Hi all 

I'm looking to consult with a business attorney for company formation, and service agreements. (Michigan) 

If someone can drop a few names. Checked previous forums and contacted those already with no avail

Post: Offering Consulting Services

Mohamed ElkashlanPosted
  • Posts 7
  • Votes 1

Hi everyone. I’m planning to offer consulting services to help foreign investors invest in the States. If there’s a business attorney that can help me out - please get in touch. 

Thanks everyone 

Quote from @Henry Lazerow:

I second what Eric says. No one sells an actual performing asset at a real life high cap rate. You get what you pay for. 


 Hi Joe 

I know its a bit late and I hope youre still around. could you please send me tat breakdown would love to see it. thank you 

Quote from @Charles D.:

@Mohamed Elkashlan

Will there be any other owners in the US LLC (e.g. the 2 US persons) or will all 3 of you hold shares in the foreign entity which in turn owns 100% of the US LLC?

my understanding is that the they own their share from the US LLC. If you know a CPA let me know 

Hi everyone

This is my first post here.

I'm new to investing in real estate in the united states and I'm trying to plan and wrap my heads around things. I live in Spain at least for now and am planning to buy a number of properties with two partners who are US residents. I've spoken with a CPA and he advised that I should have a foreign company owns a US LLC that purchases each unit, and that's how my side of partnership should be.

He said it’s important that I do so to avoid double taxation, withholding tax and estate tax.

Now for withholding tax does that apply to when we decide to sell the property? What if in this case the majority owned are US residents.

Any way to avoid withholding tax in general?

Also wondering if I’m a resident in Spain but keep the profits to re invest would I need to still seek an accountant in Spain?

Any other advice would be much appreciated

thank you all