The exchange property is planned for listing this month and then things might get rolling pretty quickly.

Trying to get educated as much as possible and the more I get into it, the more complicated seems.1, As for foreign investor, which state is the best choice to register a LLC or Series LLCs?

But I’m concerned from a US tax perspective that owning a foreign corporation who’s income is entirely passive (ie rent) will be classed as a Passive Foreign Investment Company (a PFIC) and I believe the taxes for these are bad too!

Now that I’m in a good position to start on this new journey into RE Investing, I’m in need of some human guidance to bounce some ideas and strategies off of and expand my reach into my potential mentor’s network of seasoned professionals.I’m also willing to barter my professional advertising/production  services in exchange for information and leadership.  

I've been here for last 3 days finding some apartments to exchange into.

I like the demo's and growth.Urban core is to frothy where foreign investors and retiree account investors want to park money for very small returns.Lot's of people buy that stuff but the high costs per sq ft if a tenant goes dark the second generational tenant Is much smaller rents.

You can incorporate in any state DE is popular and close to the area you are visiting.Some state will require you to register as a foreign corporation (out of state) some states don't require that if all you do is own properties

What type of properties are they @Raj Pat and would you be open to receiving 100% PP, rehab funds, closing costs, fees, etc in exchange for a 50/50 split?

- man and wife on mortgages, ages mid-60s by now; foreign names - taxes are up to date on the subject property; not foreclosure (really odd) - mailing address for taxes is different than subject property - this, 2nd property (address for taxes) is REO (possibly also vacant) - phone number for man is disconnected; no phone for woman foundHow do I proceed?  

I have a couple of questions about how a 1031 exchange would work.