Gui Qiu
Non U.S. Citizen + Buy property = 40% taxed upon death?
13 October 2018 | 1 reply
Citizen you don't get 5 million U.S. dollar tax exemption and it doesn't seem likely possible to have an workaround for this (e.g. living trust)My dad, who is age 65, doesn't speak English ,invested about 7 million U.S dollar worth of property in commercial and residential property(houses, stores, offices) , from his personal fund a few years ago, investment are doing fine ,however, recently I discover that there is no way for him to leave his asset to me after he passed away without an heavy tax because he is Chinese national, I asked with my dad's accountant ,property manager, and Everwill , they have no clue how to solve this problem and Everwill told me the living trust will not able to help on estate tax if he is not a U.S.
Gui Qiu
Non U.S. Citizen + Buy property = 40% taxed upon death?
14 October 2018 | 2 replies
Citizen you don't get 5 million U.S. dollar tax exemption and it doesn't seem likely possible to have an workaround for this (e.g. living trust)My dad, who is age 65, doesn't speak English ,invested about 7 million U.S dollar worth of property in commercial and residential property(houses, stores, offices) , from his personal fund a few years ago, investment are doing fine ,however, recently I discover that there is no way for him to leave his asset to me after he passed away without an heavy tax because he is Chinese national, I asked with my dad's accountant ,property manager, and Everwill , they have no clue how to solve this problem and Everwill told me the living trust will not able to help on estate tax if he is not a U.S.
Jill F.
Help me pick a tenant
15 October 2018 | 25 replies
My grandparents were first generation Americans who were just starting their lives as young adults when the Depression hit - my grandfather spoke broken English and better Italian than English, and had a 5th grade education.
Will Barnard
"The Kids Are Alright" Comedy Series
24 October 2018 | 1 reply
Hello BP Nation,This is not a real estate success story in of itself, however, my path to real estate success helped to enable this great success of my youngest son - Santino Barnard who co-stars in a new TV comedy series premiering tonight, October 16th, 2018 on ABC (channel 7) at 8:30 PM Pacific Time.
Nicole Heasley Beitenman
Is this lender legitimate? Something seems off
24 October 2018 | 28 replies
His English skills aren't as bad as that.
Calvin Lipscomb
Changing Locks On The Entrance Door/
24 September 2018 | 7 replies
I am about to start this on my 19 unit in Berwyn, and about half of the hold over tenants don't speak English.
John T.
Hello Everyone. A newbie trying to get his first deal done.
18 September 2018 | 3 replies
English is not my first language.
Glenn English
Question about pulling building permit as the homeowner
1 October 2018 | 14 replies
@Glenn English pretty standard rule in most of the country.
Jason James
Looking for property management referrals in Louisville Ky
19 October 2018 | 7 replies
Premier Property ManagementZack Pittshttp://www.ppmky.com/
Anya Swanson
Hostel opportunity - prime location - Europe - your thoughts
11 August 2020 | 2 replies
I am fluent in Ukrainian, Russian, English, and Polish and speak some French.