Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Yannic Lienert
  • New to Real Estate
1
Votes |
1
Posts

US and non - US citizen want to start RE investing - any tips?

Yannic Lienert
  • New to Real Estate
Posted

Dear BP members, 

my best friend from US and me, a German citizen, want to start real estate investing. Over the last years we were able to save up enough money to now consider the next logical step: Choosing the correct business form as well as thinking of taxation.

The specific issue is this: I am a 32 year old German passport holder (working for the German gov as a development aid consultant in Sudan but that's a different story), my best friend is an entrepreneur from Cincinnati, Ohio. We don't know what business form would be ideal and how to avoid taxation becoming a nightmare. It is very hard to find any tips on how to start RE investing with such a specific constellation of foreign and non-foreign investors.

Hence, I would love to get in touch with someone experienced in RE investing together with foreign partners. I am aware that my request might be quite special which is why I am reaching out here hoping to get some feedback.

I would really appreciate any tips or leads you might have.

Thanks a lot and best regards!
Yannic

Most Popular Reply

User Stats

2,841
Posts
1,938
Votes
Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
1,938
Votes |
2,841
Posts
Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Yannic Lienert

We work with a number of foreign investors and can provide you with a list of USA; accountants, lenders and attorneys that work with foreign investors. DM ME.

Loading replies...