When planning to acquire U.S. real estate, foreign individuals have a number of ownership alternatives to consider, each of which offers its own advantages and disadvantages. Following is a brief summary of the most common options, along with other items a foreign […]
The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal Revenue Service. Many of these scams fraudulently use the Internal Revenue Service name or logo as a lure to make the communication more authentic […]
All foreign investors owning U.S property are responsible for paying taxes on any and all rental income they earn in the United States regardless of any tax treaties that may exist.
The IRS holds your property manager responsible for withholding 30% of your gross rents to ensure that you will file a tax return. Your property […]