Josh Walworth
40% estate tax due on real estate held by foreigners?
Hello, I'm in the process of purchasing a SFR in Florida from an individual living outside the US. This individual and his deceased wife are both on the title of the home and neither are/were US citizens or legal resi...
Dallas Waldon
Anyone Know About the Tax Implications of a Foreign Contractor?
We hired an independent contractor from the Philippines through Upwork, but they withhold her payment for weeks and take a hefty percentage of her fee. We want to work around this by paying her directly, but I'm worri...
Dustin Karns
For taxes, better to buy as an American or foreigner
I'm American, my wife is Korean. We are getting into our first investment here before the end of the year. I'm curious, purely from a tax standpoint, is there a benefit to putting the property into my name or hers? ...
David Choe
Getting a mortgage as an expat living abroad
Hi, I'm a US citizen currently living in London. I have a stable job working at a British company, but have not had any US income in the past 9 years. Looking to invest in the US real estate market again, and have eno...
Carol Lam
LLC for rental property
Hi,I live in california, but I find a property that I am interested in. In california, an LLC costs 800 minimum tax payment. Is there a way I can set up a LLC outside of california? If so, which state is the best? ...
Jose Lemus
Funding downpayment with international money
Hi all! I am looking to start my real estate journey but I live in an expensive area so if I’d want to put a decent downpayment I would need help from my parents. For all purposes they live and work outside of the US....
Megan Stafford
Where Should I Form an LLC if I'm an Out of State Investor?
Hi!I own 3 properties (5 units) in Arkansas currently, but I live in California. I would love to know if anyone has advice on where I should set up my LLC? I would like to do a couple of flips in the next 6 months and...
Account Closed
Starting an LLC for properties, not sure what state to register
I plan on purchasing a rental property soon. I'd like to register it under an LLC, problem is I'm looking at properties in multiple states so I'm unsure of what state I will need to register in. The question that I ...
Sunny D.
C corp for CA resident flipping in IL
FolksI have 3 flips in progress in the IL area. I am a resident of CA. I was suggested to set up a C corp by my realtor. Wanted to get some advice on how to do it.Do I need to incorporate it in IL or in CA. Any sugges...
Bruno Mauro
First Tenant..Operating at a loss.
Hey all,I bought my first property a 2BR/2BA In April of last year (before I found BP or how to calculate cash-flowing properties), been living in it until about a month and a half ago. I'm moving out of the country ...