Thoughts on holding a property in a US LLC which is then owned by a foreign entity for asset protection from lawsuits?
Are there any tax pros or cons in owning a vacation rental in a foreign country?I'm also looking for a CPA in the Oklahoma City area that specializes in real estate investing. Thank you for your time and help
I live in Ohio. I have an opportunity to invest in a single family home with Canadian family members in Waterloo, Ontario. The home and all related expenses/profits would be divided equally between the 4 of us (sibl...
I am looking to buy my first investment property in US but the problem is that I am currently living in British Columbia, and I am only an immigrant here. The reason why I am not buying any property here is because th...
Is claiming foreign rental income on taxes much different than rental income domestically in the US? I couldn't find much about the topic on biggerpockets. I spoke with a CPA at a firm with a good reputation who was n...
Hi BP community,I am wondering how does property taxes work in US? I will be using a LLC when purchasing the property then have an Holding LLC as I will be thinking long term with multiple properties across various St...
Hi, as a Canadian citizen living in Canada, I want to invest in U.S. properties. I like the BRRR method but thought of one potential hiccup... to buy the property, I'll use private money, but when I refinance, will a ...
Hi there BP community! Good to be here. I've started investing in real estate in the US market (currently in Detroit, MI). I've lived outside the US for about a decade now. I'm trying to figure out how do I handle my ...
Greetings,I am an Airbnb host with properties located in Kenya, Africa. Airbnb issued me a 1099-K tax form, indicating I meet the threshold for gross rental proceeds paid by guests. This means I may owe US income tax ...
Hello everyone! This is my first post. I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all. I can't wait to pur...