This is a distant early warning to nonresidents with U.S. real estate investments. The warning applies to multi-national corporations as well (businesses that operate in the United States and elsewhere in the world) but I am going to focus on real estate investors here. RISK An proposed change in U.S. tax law may double the [...]
I made my first post at Bloodhoundblog.com. It is “keep yourself sane” advice for real estate brokers handling sales with foreign buyers or sellers. Cool.
I got an inquiry today from my FIRPTA.com website that I figured would be worth answering here, because it is a topic of general application. The question is whether using a foreign corporation works to protect against U.S. estate tax. Foreign corporations to hold U.S. real estate Nonresident investors frequently hold U.S. real estate using [...]
Today I gave an all-day course on U.S. taxation of nonresident investors in U.S. real estate. (Link is to the next time I’m giving this course — in San Jose on January 6, 2009). The course was sponsored by the Cal CPA Education Foundation. It was at the Sheraton in Anaheim, hard by Disneyland. No, [...]
Doom and gloom isn’t new. What caught my eye here was how the real estate company’s CEO saw US tax policy as a direct inhibitor of foreign inbound real estate investment. Go to number (2) in the points he raised. Personally I think this is a bit myopic. Yes, tax policies matter. But has anything [...]