Hi everyoneI thought Id share some of my knowledge of the worldwide and European real estate market with anyone whos interested in investing overseas.Feel free to ask me any questions!

Americans/Canadians/Europeans have the same right to own land in Costa Rica. taxes are only 0.25%!

BUT, the Fulton tax commissioner never updated the Pittsburgh records and thus everything still says R5, which is wrong. 

Commissioner policy wonks and armchair quarterbacks like yourself said the GRIT loophole was successfully closed.

Prior to 2009, Agrawal v Commissioner, that did not even apply to agents, but in Agrawal an agent successfully argued she was conducting brokerage activities by brokering real estate deals. 

Misdemeanor -RESISTING PUBLIC OFFICER, Misdemeanor -INJURY TO PERSONAL PROPERTY, Felony-POSSESSION OF BURGLARY TOOLS, Felony-BREAKING AND OR ENTERING"So going back to his alleged "Everything that occurred with this house was lawful" statement, my view is that the answer is in NC General Statute (NCGS) § 45-21.29. entitled 'Orders for possession' (http://www.ncga.state.nc.us/EnactedLegislation/Statutes/HTML/BySection/Chapter_45/GS_45-21.29.html) This Article in NCGS deals with "Sales under Power of Sale" that are held to execute a forced ownership transfer via trustee deed or commissioner's deed.

Fingers crosed the new mayor and commissioner will lower the fee to per line given our lack of rental supply. 

FYI I'm currently working with distressed properties in Ukraine, and returns are strong (30+% IRRs on residential) but no mortgages to speak of and it seems like it's much easier to sell the idea to European investors (who have very low rental returns in general, and lower price appreciation in most areas outside the big cities like London, Paris, etc.) than to US investors (who can either buy their own property with very low mortgage rates and/ or invest via a multiple of ways (private lending, fix 'n flips, Crowdfunding sites, etc.).

If nobody is opposed to the project this will likely be a consent item meaning the PC members just okay it without further discussion and the project moves onto the final hearing with our Board of County Commissioners.

Another huge bonus is that the culture here is very amenable as the population is totally comprised of people of European descent.