Would there be a capital gain tax to pay from the sale of the PR business once the U.S. real estate was purchased? 

And, to make things even worse, after I deduct all the expenses, costs to hold property, repay the loan with huge interest rates, I would end up with little or (possibly) no profit at all.

Their accountant will have to adjust the %s reported on their tax return appropriately. 

Doing that will eliminate part of the hassle but I assume you're aware that you will likely make much less money than with US LTRs and that the laws are much more tenant friendly than anywhere in the US.I know Valencia quite well with the perspective of a North American (and European) as I was going to invest in STRs there after the Costa del Sol but, sadly, they've banned STRs there so I had to reconsider.

Florida is extremly sought after globally.

Now, if he were to sell he would owe over 200K in taxes.

You also have to consider your holding costs - you are paying HOA fees, insurance, and property taxes.

Tax flexibility allows each series to be taxed separately or together.Practical Uses- Property segregation ensures that each property is owned by a different series.- Operational independence allows each series to maintain its own bank account and records.- Risk management ensures that problems with one property do not affect others.- Flexible transactions make it easier to sell, transfer, or refinance individual properties.Considerations- State variations mean that not all states recognize Series LLCs.- Management complexity necessitates careful documentation and legal compliance.- Lender familiarity issues arise as some lenders may not understand Series LLCs, thereby complicating financing.A Series LLC offers a streamlined, protective, and flexible way to manage multiple real estate investments.Thanks,

My agent says the tax record shows it as 2021.I listed my house , pls advice how I can get the MLS correct to reflect year built as 2022

The deposit is for after they move out.