Learn About:
FIRPTA - the IRS requires a (refundable) withholding tax of 15% of the gross sales price when the seller is “foreign” (FIRPTA). Foreign sellers of US real estate can receive these large refundable withholding taxes back quickly (and then maybe purchase a new property quickly). But without careful planning, foreign investors can be forced to wait years for refunds, and many foreign investors never will receive a refund. Foreign investors can lose hundreds can lose hundreds of thousands of dollars by not understand FIRPTA, but they make large real estate profits by strategizing with FIRPTA in mind.
IRS Taxation of US Rental Property Owned by Foreign Investors - learn about the tax implications to foreign investors who earn rental income from their US real estate. (note: property managers can be taxed if the tax goes unreported by the foreign owner)
The US Estate Tax Imposed on Foreign Investors Who Pass Away While Owning US Real Estate - Learn how the form of property ownership utilized by a foreign investor directly affects whether, and to what extent, foreign estates are subject to the US estate (death) tax.