Hi BP fellows
I am a French citizen living in France and I invest in the US through C corp paying IRS to the States. As I don’t want to be double taxed, I don’t serve dividends.
I intend to invest the cash issued from the rents in stocks (REIT, other safe high dividend stocks, bonds…) before the acquisition of my next property. My US bank told me that they will not allow this for a C Corp.
I hope it’s not a general rule, do you know if some banks allow this?
Have a good day!
@Jean Paul Rousseau I can asssit with foreign loans questions, I am not familiar with the taxes though.
@Diana Muresan I am interested if you can assist with foreign loans. So far I bought the houses cash, and I am obliged to wait until I have enough cash to buy a house; in the meantime the cash is not working.
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