Tim Uittenbroek
Questions on Investing from Abroad as a Foreigner
Just for my interest, a couple of questions with regard to investing in US real estate as a non-US citizen from abroad. Also, if there's any recommended ways of going about this, please let me know and why that is the...
Sandra Kim
Urgent - FIRPTA Nightmare - Title company won't write check to IRS
Hi everyone, I'm a Canadian who has recently sold a vacation home in Florida. Since I'm not a US resident, it was agreed that the title company would withhold 15% of the sales proceeds, and I would pay for prepping FI...
Samuel DeMass
California State sales tax on property?
I have a friend who is selling a condo in San Diego and they told me they are being hit with what they called a "State sales tax" that amounts to about 3% of sales price!To be clear, this is something separate from ca...
Matt Scholten
Buying Real Estate with a Canadian Seller
Hello all, I am looking for some advice. I am currently under contract to purchase a duplex and the seller is a Canadian citizen. Does anyone have experience doing deals with a seller that is not a US citizen? I am wo...
Andrew Kniffin
What to do with personal withholdings funds?
This year, for the first time, my wife is self-employed. This means that, rather than have an employer take out x% every two weeks, she gets a full payment for her work and then we must pay $XX,XXX to the Feds 4x per...
Levi T.
Buyers Closing Attorney Withholding Money After Closing?
We wrapped up closing 3 days ago on an apartment we where selling, and today we learned the buyers closed on Wednesday as well, but they have not recorded, and the buyers' attorney is holding money because the buyers ...
Gitit Hefetz
3.3% for the Franchise Tax Board withholding ?
Hello,
Hoping someone here can enlighten me. I have bought a house for myself with the intention of making it my primary resident. Unfortunately I had to sell writhing 2 years and the property didn't end up to be my ...
Matthew Shay
South Carolina Withholding Tax for Non Resident
Selling real estate in south carolina and not a resident but there is a withholding tax (7%-10% of the gain) If the gain is $10,000 are they withholding the whole amount or just 7%-10% at the time of the sale? What is...
Jeremy Rusnak
Can you withhold refunds on prepaid rent?
Hi all,I have a tenant who is by most accounts pretty good. He is on a month to month lease, single parent working two jobs which I really respect. He has been late on rent one time which we worked through.When he ...
Account Closed
Real Estate LLC structure with Holding Company?
Hi all,I currently have 4 properties.One SFH in Memphis in a Memphis LLCOne SFH in Dallas in a Dallas LLCTwo Duplexes in Dallas in a NEW JERSEY LLCHere are my questions if someone can help.1. Does the LLC HAVE to be i...