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?

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.

I’m seeking a local agent with experience working with foreign investors, as well as contractors and boots on the ground to work with.If you have recommendations or want to connect, please comment or DM me.Thanks!

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.

You can't exchange into other foreign countries from a property you own in the US.

Fraud is a universal concern, so it's essential to conduct thorough due diligence and work with reliable legal and financial advisors.Regarding Bali, it's true that foreigners cannot own land freehold due to Indonesian law.

I also recommend you study past and present economy and fiat currency (good lord, this is boring to me, but so important), to better understand what's happening and where our economy is going- as it will help you invest wisely, and understand crash/boom timing.