 Rafael Pinho
    
        FIRPTA doesn't apply to a domestic LLC that has multiple members. True or False?
      Rafael Pinho
    
        FIRPTA doesn't apply to a domestic LLC that has multiple members. True or False?
    
      25 June 2024 | 5 replies
    
    
        Typically when you sell the title company requires forms to state if you are foreign or not, your ID, and they want to send 15% or 10% or (20% for long term) to the IRS at closing.
    
   Melanie Baldridge
    
        Bonus Depreciation one of the best parts of RE Tax Code
      Melanie Baldridge
    
        Bonus Depreciation one of the best parts of RE Tax Code  
    
      23 September 2024 | 6 replies
    
    
        I dont think it is, @Melanie Baldridge feel free to jump in but foreign assets like this usually follow the tax code from that country.
    
   Ali Amir
    
        Real Estate Attorney with experience of working with non resident aliens
      Ali Amir
    
        Real Estate Attorney with experience of working with non resident aliens
    
       9 December 2013 | 2 replies
    
    
        Any recommended real estate attorney who has working knowledge of structures to put in place for foreigners investing in RE ?
    
   Suvir Salins
    
        LLC owned by an Australian Family Trust - tax return questions
      Suvir Salins
    
        LLC owned by an Australian Family Trust - tax return questions
    
      18 November 2017 | 3 replies
    
    
        In your post, you say the LLC is owned by an Australian Family Trust (foreign trust), but that you, individually are the member of the LLC?
    
   Landon Atkinson
    
        VA's For Cold Calling
      Landon Atkinson
    
        VA's For Cold Calling
    
      29 September 2020 | 9 replies
    
    
        Online foreign sites only or elsewhere?
    
   Jeff Bousquet
    
        Real Estate in LLC's Question
      Jeff Bousquet
    
        Real Estate in LLC's Question
    
       7 January 2018 | 2 replies
    
    
        Generally speaking, owning a property in another state is usually considered to be "operating" in that state and requires registering your LLC with that state as a "foreign" business entity.
    
   Cathy Li
    
        Turnkey real estate company recommendation for Texas market
      Cathy Li
    
        Turnkey real estate company recommendation for Texas market   
    
       1 October 2019 | 19 replies
    
    
        We are in Dallas-Fort Worth and Indianapolis and work with a lot of foreign investors.
    
   Adam Butt
    
        Are we in a housing market bubble that is likely to burst?
      Adam Butt
    
        Are we in a housing market bubble that is likely to burst?
    
      30 September 2017 | 108 replies
    
    
        Look at the Foreign money moving into the Pacific NW and the effects of Chinese Monetary policy.
    
   Audrey Koerber
    
         LLC or LP when investing in  USA?
      Audrey Koerber
    
         LLC or LP when investing in  USA?
    
      10 January 2015 | 5 replies
    
    
        However, I will say that LLC is not recognized in Canada and deemed a foreign corporation, resulting in unfavorable tax treatment.  
    
   Christina V.
    
        San Diego CPA Referral please
      Christina V.
    
        San Diego CPA Referral please
    
       9 March 2024 | 14 replies
    
    
        @Nate P.Your profile hints that you are living abroad.If you are a US citizen - you want to make sure that the CPA you work with understands the foreign earned income exclusion(FEIE).If you purchase a property and are expecting valuable feedback on how that property will impact your tax return, you will need to provide a rough profit and loss projection(rental income and expenses) along with purchase price to have a conversation with your accountant so that they can provide you good feedback. 
    
  