Vince Natteri
Taxes on Memphis property for a foreign investor
Hi guys,Just a quick question to see if someone knows the answer to this.As a foreigner residing in Singapore/Hong Kong, if I buy a property in Memphis (where there's no state tax), do I have to pay any federal tax on...
Satha Palani
Multi-member LLC with foreign investors - tax questions
I Have a very specific question with regards to foreign investors and taxation.2 friends of mine are keen to invest in a piece of real property here in the US. The plan is to form a multi-member LLC as a vehicle to o...
Jose Lira
RE taxes for foreigner living within the US
Hello BPocketters! I came from Mexico 10 months ago and I'm living in WA state since then. I'm under a tourist visa in process of adjustment of status. I'm very excited to start this endeavor and I'd like to go out an...
Anastasia Jordan
Foreign Investors Wanting to Buy US Tax Liens
Anyone here or is anyone an agent for an offshore investor who buys/owns tax liens? Would they be required to obtain an ITIN? (tax id #?)Where are some links that I can read up on this topic?Who can I refer them to?@...
Tracy Wang
Foreign file in CA vs franchise tax 800
I’m talking to different professionals and get different answer. For an out-of-state LLC holding rental in that state, I know i will need to pay $800 franchise tax as CA resident, but do I have to foreign file in CA ...
Dean Letfus
Withholding tax on foreign owned LLC doing flips
Hi everybody. I wondered if anybody on here has had a similar issue to one we are trying to solve?We flip homes in the USA and have a single member LLC, 100% foreign owned for this activity. UP until this year the dol...
Account Closed
tax deductions for foreigners investing in the US.
I just finished reading about the tax deductions for rentals, and noticed it mentioned deducting long distance travel (air fare). Would that include air fare for someone coming from another country to check up on the...
Jayne Thompson
Tax Liens and Deed for the Foreign Investor
I'm writing a series of articles for UK citizens wanting to invest in US real estate. I'm looking for your experiences on investing in tax liens/deeds -- it's not a concept we have in the UK and from my research, t...
Price Kenney
C-Corp for every deal?
I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...
Ayse Yesilyurt
Minor US citizen an LLC member?
Hi,Sorry I have posted this in the more general forum as well and did not know how to change it to here. Me and my husband are Turkish academicians who are interested in buying a condo in Michigan, as we have ties in ...