Hi All, I have a multi-family under an LLC with my partner that we plan to sell and 1031 exchange for another bigger multifamily. The other LLC is much more expensive and we plan to join forces with another foreign na...
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
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...
1031 experts; do foreigners still need a withholding certificate if doing a simultaneous exchange?I have asked some QI’s and they are not sure.If anyone has any recommendations of QI’s who have experience with foreign...
:D If you are a bird dog and come up with a foreign buyer (in my case a Canadian buyer or any other country) what are the good and bad aspects of such a deal? Currency advantages to the buyer? I am in the Detroit are...
Are International (non-citizen) Investors Eligible for 1031 Exchange?
A quick google search will tell you "yes, but its complicated." Does anyone know the intricacies/have experience with this?
Thanks.
Does the 1031 law apply for foreign investors? Thanks!
Hello, I am a non-resident foreign investor with a a rental property that i own in Florida which I bought for $300K. I would like to sell that property and buy another property outside of Florida, most likely in Chic...
Hello everyone,I have a foreign entity that owns a SFR and I also have a local entity. I have intentions of selling the property in the foreign entity and I want to do a 1031 exchange but ideally, I will like to trans...
Hi! I am trying to do 1031 exchange. The house which we're trying to sell has 2 owners, a foreigner and an US citizen.
1) Does FIRPTA 15% withholding apply to us? or it's not required since the US citizen can file ...