The statutory definition of securities is as follows:The term “security” means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security”, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

@Mark MasielWelcome. 6 of the top 10 areas foreigners invest in real estate are in FL.

Also when you do find a deal, there seems to be more foreign investors that are willing to pay cash and there are multiple offers.

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?

For ex : the most common advice is to avoid a bigger rehab initially .

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.

I just don't want to finance a house and for ex (between note, insurance, property tax, etc cost 500 a month and only be able to rent the home for 550-600 a month.)