Owen Franks
Buying Foreign Real Estate via corporation - Will this be a PFIC?
18 June 2020 | 4 replies
You should engage a CPA familiar with international taxation, especially since you seem to live abroad and are contemplating investing in foreign companies.Generally yes, a foreign corporation that holds and rents real property would be a PFIC...however a controlled foreign corporation (CFC) is statutorily excluded from being a PFIC and is subject to a different set of rules.
Toshiki Hoshino
Solo 401k transfer to Roth Solo 401k
26 December 2019 | 7 replies
Roth conversion form is internal form to document the event, this form is used to generate form 1099-R later (must be issued by January 31st).
Clayton Hutton
Looking for Thermostats tenant can't adjust
20 January 2020 | 7 replies
It is internally set for highest limit of 72 .
Tyler Petrie
Las Vegas Realtor seeks International Mastermind
25 November 2014 | 3 replies
Hey BP,I'm a licensed agent in Nevada, living in Las Vegas. Specializing in Luxury and Investment Properties.Looking to start a dialogue with like minded individuals from all over the globe. Let's "mastermind"...Let's...
Emil Hovgaard
Would you bet on Buffalo, NY?
4 June 2019 | 29 replies
Those smaller cities won't be attractive for a foreign investor, mainly due to lack of easy international travel, but for other reading this thread, interested in upstate NY for long term, first and second ring burbs of those locales should expect to see some decent appreciation in the next 4-8 years.
Will F.
South Florida Real Estate Invsting? Ft Lauderdale, Weston areas or beyond?
15 September 2015 | 30 replies
In the purchase price range of $40K - $60K, we'd rather stick with condos, as the insurance is very low (even with the expense of the HOA) and maintenance is only internal.
NA NA
Using bank a/c remotely
4 November 2014 | 7 replies
Or at least get info to set up an account:https://www.chase.com/international-banking/contac...I don't think you're going to be able to remotely open an account with no interaction with a human.
Lafontant Cherilus
How Can I Best Add Value as an Aspiring Investor
4 November 2014 | 11 replies
It may be on an "intern" basis to get your feet wet.
Mario Palacios
LLC or Liability insurance?
4 May 2018 | 22 replies
“Insurance is not covering mold related litigation.If someone falls through your stairs and the court finds you are at fault because of the nature of the structure or maintenance, your insurance will likely not cover you at all (this is an internal “threat” to your rental and other assets).
Mitchell T.
Newbie here. I can be your South Florida Boots on the Ground!
8 August 2018 | 4 replies
And I would hope any skills I learn, whether in commercial or in the SFR/multi-family realm, can translate into each other.I'm very impressed (and a bit intimidated) by your history and and work with Colliers International!