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4 September 2022 | 25 replies
Is it even possible to buy a property in cash as a foreigner under your own name without having to register an LLC due to taxes purposes because you won't have a SSN?
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31 March 2023 | 45 replies
They could still lend money to foreigners and charge interest and they didn't have to forgive the debt after seven years.2.
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7 October 2023 | 48 replies
Getting more perspectives can only serve to be beneficial in a situation which is foreign.
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28 October 2022 | 49 replies
A foreign trust domesticated in the US makes it VERY difficult to collect, which means the case will likely settle for cents on the dollar if the plaintiff's attorney even thinks its worth pursuing at all.
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3 March 2015 | 1 reply
And if/when the expansion to other states comes around, file as a foreign LLC?
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3 February 2018 | 3 replies
This will decrease the overall amount fees.There are several fees for setting up an LLC.1) LLC Application Fees2) LLC Annual Fees(Varies by state)3) Fees paid to website/Attorney to set up LLC4) Fees paid to registered agent if you do not have a contact in the state.ExampleIf you purchased a property in Pennsylvania and created an LLC in Pennsylvania - you would have to pay the above 4 fees.Example 2If you purchased a property in Pennsylvania and created an LLC in New Jersey - you would have to pay the above 4 fees to Pennsylvania and fees 1-3 to New Jersey since you would need to register the NJ LLC as a foreign LLC eligible to do business in NJ.
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23 July 2023 | 19 replies
Essentially, to make it work, you'll also need to flip some properties so you have income to offset those losses.3) For a couple of rental properties (less than 10 or so), a simple umbrella policy with your local insurance company will cover your liability on your rentals - talk to your insurance agent about this.4) If you are investing out of state, there are bi-annual requirements for "foreign LLCs" and there is a fee for those filings...and there is a fee to use a registered agent.
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11 September 2023 | 3 replies
Register your California LLC as a "foreign LLC" in Ohio.
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8 July 2020 | 13 replies
He can explain how our other foreign nationals obtain great managemet.
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6 January 2022 | 348 replies
It’s over saturated with foreign investors driving the prices up.