I’m in the process of selling a property in Australia, where due to it being my primary residence previously there is no capital gains tax due (similar to the exception here). I’m a dual Aus and US citizen. I’m now li...
HiI have a few rentals in Georgia and one in Texas.All owned by Domestic LLC created in Georgia.My CPA told me I cant have house in Dallas owned by Georgia domestic LLC.I do have 3 options To Create new LLC in Dalla...
Hi guys,
I've been following BP for some time now and often thought about investing in America. I'm currently in Scotland, UK, however I've previously lived in Georgia and have been to many states.
I'm looking to s...
My wife and I are planning to invest in rental properties in Alabama. We're planning to set up an Alabama Series LLC to own the properties. We'll be 50/50% member-managers. We're engaging a property manager in Alaba...
Hey guys, my dad had opened an LLC a few years back in 2021. We had opened the LLC in the state of PA. Can I use this same LLC in other states like Cleveland, Indiana .... An upcoming payment is due. The business will...
Hi all,
A big advantage of real estate is that it can be a large tax writeoff. The "depreciation" and mortgage interest writeoffs can save quite a bit.
If I invest in say mexican or canadian real estate will I lose ...
Hello, just starting my tax return for the year. I realize I may need to go the route of a CPA, but I'm trying Turbo Tax first and looking for advice. My question is this: I'm a part-time real estate agent/investo...
Hi - I have rental properties in both North New Jersey and England/UK. I'm looking for any CPA recommendations with local knowledge of NJ and UK foreign rentals?
Hi Everyone,First of all, I'm relatively new on BP and have been passively following posts on this forum, excuses if the question I pose has been addressed earlier already.I'm in the process to start an LLC, which is ...
I am non US resident and looking to make some long term real estate investments across the US, probably in California, Pensilvania, Michigan and maybe Florida. Since I am doing things from abroad I am in need of s...