If you have a self directed IRA there are no tax consequences (but potentially various other issues), otherwise you will be subject to tax at the highest dollar rate as well as penalties if you are under 59.5 

True although the fires this year just adds to the reasons to leave California (excessive taxation and regulation, overbearing political correctness, downtowns littered with feces, etc.).

In my opinion, the US and the UAE have agreements to avoid double taxation, so there should not be any additional costs in Dubai.

@Hansen TongI recommend finding an accountant that specializes in real estate taxation.

Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

Make sure your accountant specializes in real estate taxation.

With an LLC, you may be able to deduct business expenses more effectively and avoid double taxation.

YOLOGeneral principle of taxation: to take a deduction, you mustA. be legally response for this payment and B. actually make the paymentThe conclusion should be obvious.

I have broken down 4 key benefits to a retirement account: 1) Compounding interest in the absence of taxation (particularly with a Roth IRA) 2) Ability to self-direct into alternative assets, like real estate, private real estate partnerships/syndications, crypto, gold & silver and other alternative investments. 3) Credit protection (see state specific laws), but generally inherent protections. 4) Upon death, if setup properly, probate avoidance 

I just got a notice from the MD department of assessments & taxation that the value of my property will increase from 120k to 261k , spread out over 3 years equally.This is a ridiculous increase of 118%.