My property is located in Grand Rapids, MI.

Where is the property located?

Currently property management and locating properties for cash buyers.

It's time to 1031 into less debt, higher cash return and either a different class/location more passive property.

I'm currently chewing on the ideas of resettling in Waco, Phoenix, New Orleans, Denver, Boulder, Fort Myers, or greater Southern California locations.

I am located in South Charlotte currently and I have several pending deals in SC that I would like to wrap.

Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To mitigate this low exemption compared to US citizens, I am thinking of establishing a general partnership.

The property is in a popular location so I have experienced significant appreciation since buying it and the debt pay down is great, but it will be the only property I buy with a 15 year mortgage. 

The location makes it desirable for retirees and people trying to get away from city life while being close enough to still have a "real job."

That will avoid probate in case of your death.Create a single member, manager managed, LLC for each property in the state where the property is located.