The application is done with IRS Form W-7, and foreigners must provide original certified identification documents.IRS Form W-7IRS Form W-7 InstructionsThe IRS has 'Certified Acceptance Agents' who are authorized to certify foreigner investors’ original documents and process the application.

I have a property that we originally bought to flip in Southern WI (close to IL border). 

Originally posted by @Wayne Brooks:Not a new strategy at all.

Rent was 1200 and PITI was about 900 originally.

I am originally from Metro Detroit, I went to college in Kalamazoo, and I now live in Grand Rapids with my family.

My thought is to approach her by saying that my original plan was to purchase the property and convert her unit into Section 8 so that I could get the $3,200/month rent -- but since she's a long term tenant, I would be willing to forego that plan and tell her she can pay $3k/month to stay.What are your thoughts?

What if you require more rehab $'s than originally estimated?

Originally posted by @Raj G.

Originally posted by @Alex S.

You owe capital gains tax on your new property net selling price, minus your original property purchase price, minus the amount the new property cost more than the net sale proceeds of your original property, minus any cap ex that hasn’t been fully depreciated.