They then asked me for a party wall agreement and foreign entity registration, weeks after this deal was approved and with me having asked at least 3 times if they needed anything further from me.

That's because Miliarakis caters to a very specific segment of buyers: prosperous Chinese with an eye toward acquiring foreign properties.

Typically, the Canadian tax will be greater than this and you can get it back with a foreign tax credit filing - so you are NOT double taxed.You can also charge active management fees from the Canadian corp against the C-Corp and withdraw funds that way. 

Point #1 - foreigners can't own property - unless you're married to a nationalPoint #2 - you can own a condo - without being married to a nationalPoint #3 - you can Airbnb your condoPoint #4 - condos start around $38,000 upwards to $190K.I've toyed with the idea of offering a service to foreign investors as an American "with boots on the ground" to make sure their investment is properly setup. 

If you want to form out of state, you will need to register as a foreign LLC in california.

Then you need to pay double fees for permission to do business in Illinois as a foreign entity and file an Illinois income tax return as well.6.

-Does your wife own any foreign (non-US) businesses?

I was buying court house steps in fort Meyers  new or near new homes for 30 to 40k cash at the steps in 093. my well documented clients in PHX AZ losing 4 plexs they paid 350k for in 05 and having them go vacant and they let them go to foreclosure thereby ruining their credit and losing whatever cash they had in them.. 2010 they were selling for 100k or less and still vacant.so on and so forth.As long as credit does not freeze the values have been reset .. those that were lucky or smart enough or came of age to be investors and bought in the trough historic low price points historic low interest  many paid cash as financing was still tough.. so as long as they don't drink the cool aid and refi out and leverage up you have the makings of a very strong asset base.. plus all the foreigners who paid cash there were literally hundreds of thousands of homes paid for in cash by Off shore folks.. then add in the half a million or more that were bought by hedge funds.. 

You will need to pay the annual registration, Registered Agent in those states and then file a tax return in Illinois as a Foreign Business Entity which pretty much blows away all the privacy and no taxes due in Nevada or wherever these folks use to sell their snake oil. 

Working with Companies like Comcast, AT&T, Sprint, NRG, Appliance Repair Services, Lawn Care, And now full time sell vehicles for Volkswagen as well as a fruitful used lot of Audi’s, BMW’s, Porches mostly foreign engineering.