I am looking for advise from people who have experience working with foreign investors, that can help me with: taxation issues, financing, what areas within the US to invest in etc..I have $100k US to invest and am open to looking at SF and small MF homes.Thanks for your time,Regards,Amin

If you assign a contract, never taking ownership vs double closing, is there a difference in the way you will be taxed? If so, what are those differences.

@Brandi Davis,It depends.C-Corp is the least desirable due to double taxation of income.

Real estate typically held in LLCs since they have relatively strong asset protection, ease of transferability, and default to flow-through status for tax purposes, which can be more favorable for real estate investing.Corporations, have ease of transferability, but taxation is generally less favorable.

It is NOT too good to be true, it is an awesome loophole to our taxation system; the money you pull out is not taxed.

How the taxation will change after moving to LLC?

That being said it costs you nothing more or less to have it at the ready ... especially since all docs for the purchase need to be in the same name... the offer, the earnest money deposit check, the contract, &c.If going a different route, the purpose  of a legal entity is often for protection of other assets or for taxation issues.Take your pick among all; but first decide your course.Much success.Bob

My background is in real estate taxation and have been investing in rentals for over 7 years.

@Kathryn Chapman Do you have a CPA that specializes in real estate taxation?

The main con of C-Corps is this double taxation.