@Account ClosedIf you receive a gift from a foreign person of USD100k or more, you would need to file Form 3520 to disclose it but a receipt of a gift is not subject to income tax.

Is this a service you would want your accountant to have? 

Investing in REITs through stocks or mutual funds provides exposure to real estate with lower capital requirements and less hands-on involvement compared to direct property ownership.Continuous Learning and Skill Development: Invest in your education and develop skills in real estate investing, property management, finance, and negotiation.

Get involved, ask questions, be open to feedback, and allow other seasoned investors to help guide you along your journey of Real Estate Investing.Learn how to analyze a deal to determine if the investment makes sense for YOU.

I'm having trouble finding properties that are going to auction, what date the properties are being sold, where they're being sold... pretty much everything involved in an auction lol. 

There will be significant cost and time involved, hence the alternative, pre-emptive steps outlined.Focus on loss minimization rather than an emotional response.Best of Luck -

Make sure you use net cash flow, so you are accounting for maintenance, repairs, cap ex, vacancy, and property management; your cash flow might be $500 per month net if the gross is $1k.

You can sign proposals with contractors to do work for you and pay them out of your business account with them being employees.

Looking to get involved, where do I start?

If you have the cash to build one, expect anywhere from $80k-$200k+ despite it being small there are many set costs to account for.