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6 November 2020 | 17 replies
Yes, all of the properties could be taxed if they're held together in an LLC, and then it becomes a question of what/which returns the LLC needs to file - typically it will need to register as a foreign entity if it does business in a different state than where it is initially registered.
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1 October 2020 | 52 replies
I actually looked into one, in a foreign country, as my first investment and glad I ended up with something local instead.
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4 October 2020 | 4 replies
Keep in mind your LLC will likely have to foreign qualify in the state you want to buy in as well.
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29 September 2020 | 2 replies
Be aware of FIRPTA (Foreign Investment in Real Property Tax Act).
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15 October 2020 | 7 replies
I have family real estate connections in Ohio and where we get "Foreign money" in Boston from China and other places, Ohio gets "foreign money' from LA or NYC haha.
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18 October 2020 | 2 replies
Hi All,I'm a long-distance investor and a foreign citizen with several rentals in Cleveland and Florida.lately, I was looking to extract some equity from my estate to roll it over to more properties by utilizing the known BRRRR method.I'm looking for a comprehensive data source to get me started and get the bits and bytes of this operation, mainly the financing aspect and a list of recommended borrowers to touch base with.
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19 October 2020 | 7 replies
Plans change, market changes, foreign buyers laundering money.
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20 October 2020 | 6 replies
Depends on how the foreign business is treated under US income tax law, and what treatment you elect under the check-the-box rules if the foreign entity is not a per se corporation for US income tax purposes.I strongly recommend you speak to your tax professional.
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20 October 2020 | 6 replies
We make look like a bargain to foreign investors and they'll drive prices of hard assets up.
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22 October 2020 | 6 replies
Do you have lending options for foreigners with credit score and no income in USA?