In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.Among the benefits of acquiring properties on plans are the following:1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.a)- Real estate transfer tax 3%.b)- Real estate asset tax (IPI) 1%.3- Financing available with an interest rate of 0%:Which works depending on the policies of each project, it normally works as follows.a)- the unit must be reserved from $2000 onwards.b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly paymentsd)- the remaining 50% can be financed with a bank or you can pay it cash.4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..Thank you

Property taxes are a lot lower here (sub 2%) than in prime Austin. 

I have filed my US taxes yearly since then and declared my foreign and only income each time to the IRS.

My property taxes go up with no logical pattern (confirmed with other Indy investors) whereas my California properties go up 2% a year (Proposition 13) from the original property tax basis. 

The advantage to the seller can be the seller will pay taxes on the amount sold plus will receive the remaining amount in 3 years time, please talk to a Real Estate Attorney/Tax Adviser to confirm the advantages for the seller carry.

We are interested in CPAs who have a good understanding of the unique tax and financial challenges faced by real estate investors in our area. 

And if you've lived in it for 2 out of the 5 years prior to sale then you'll get to take the first $250K ($500K if married) of profit from that portion tax-free.  

This is where we have income requirements such as the "two years of tax returns".Portfolio - I'll define these loans as loans that come from the bank's own "portfolio" of money.

This accelerates depreciation leading to additional tax savings and cash flow.Historically, a cost segregation study has been a very manual process completed by tax experts and specialized engineers.

.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.