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5 September 2017 | 14 replies
I've myself gone through this and i wouldn't do it again.The US tax system is generally defavorable to foreign investors, notably in the fact that unless a special agreement has been drafted between your father's country and the US, his estate could be taxed at a confiscatory rate of 40% above $60,000 if he passes away.I'm not going to go over all the problems you and your dad may encounter, but maybe you should work out something and avoid having him on the titleThe investment is small and will have IMHO too many complications to make any sense.If you decide to go ahead regardless, draft a power of attorney with your dad allowing you to carry banking and legal operations in his name.
11 April 2018 | 29 replies
The longer you carry the risk, the greater the probability that you will encounter a negative event.
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31 August 2021 | 45 replies
Im not even talking about obvious ripoff and scams.
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15 January 2024 | 19 replies
That is the BIGGEST scam of them all.
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16 May 2021 | 4 replies
Has anyone encountered this issue before or have any advice on how to best facilitate the transfer?
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30 March 2023 | 41 replies
I have two sets of sheets and towels for each clean, in case a quick clean is needed.I recommend having items like “lock the door”, as I’ve encountered doors left unlocked/not fully closed by guests before that.
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28 December 2019 | 17 replies
But, I am a little worried about getting scammed and being a foreigner buyer.
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9 January 2017 | 23 replies
In my view the whole thing was a scam involving collusion between the father of the injured party and our insurance company's investigator.Shortly after the matter was settled, the insurance company notified us that they intended to inspect each of our rental properties.
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28 November 2011 | 13 replies
The "scam artists" look for this kind of information.Your city is one of my favorite cities in the USA.Good luck with your real estate adventures.Raymond
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31 January 2012 | 14 replies
Well, being the cheapskate that I am (I'm willing to pay for quality), it seems ludicrous to pay these Tempurpedic prices, and could be one of the great marketing scams of all time.