Does anyone have experience with option #2 and what the typical timeline for the process to apply to transact business in IL as a foreign corporation would be?

Thats a foreign language to me.

There are tons of thread on the internet where the title and first post is on an interesting topic and you get to page 6 to make a comment and people are discussing some other foreign topic that has no bearing on your post you meant to make.

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

Speak to an expert to make sure.Likewise, you may only exchange a foreign property with another foreign property, and not a property within the US.You can try www.madison1031.com/ for more specifics.

@Linus LindgrenWe syndicate properties in the US and also work with a number of foreign investors.

Lima one was good for foreign buyers right?

This client is a foreign national, not an issue for us but it does require an added effort because there is no social security number or credit score.

There are a lot of foreign national and ITIN programs out there that will go to 65% loan to value with DSCR. 

My mother would be the financier, and would like some of the cash flow as I would be keeping 10% of the rent each month for my service.Has anyone here partnered with someone that lives in a foreign country and not a US citizen?