The political structure is a mess and perhaps we need a new constitutional convention to reorient ourselves.

Hello I'm hoping to get some insight on if this deal structure makes sense.

Link below, there is no pwd on the file but the structure is protected :https://drive.google.com/open?

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project. 

Some of the small companies may also have better architects who have more favorable rate structures. 

I’d also ask how it’s structured - typically they are tiered (5/4/3/2/1) but I’ve seen some flat prepays as well, meaning the % of the penalty doesn’t decline during the prepay period.  

Make sure to check with a cross-border tax advisor on how this could impact your overall tax strategy.Umm I'm pretty sure the US presence test only applies to non US citizens who are actually physically present in the US for over 183 days, not for owning property. 

Without that it will be a tough task to accomplish unless you work out some custom structure or bring the GC on the loan with you so you can leverage their direct experience.

If you're still worried about being traced, consult with an attorney about structuring your LLC or using a registered agent for added privacy.Let me know if you need help with financing or have more questions! 

@Kate LaveryHi Kate,I don't have all your answers... but I can tell you that if you physically received the $500,000 (cash, check or what have you payable to you) on the sale of your property - it won't fly as a 1031 exchange.