Foreign Buyer with Local LLC
Hi,
I'm posting this on behalf of my buyer. My hope is some one may have experience with international investors. I have an international buyer who is selling her investment property in Florida (under contract) and is looking to buy another one. The property is in her LLC's name, which is US registered. Since she is short on cash, she would like to hold off on putting an offer on another property because she's not sure whether IRS will withhold funds from her sale for being a foreigner, or will they treat it as a US entity selling and purchasing? Would like to hear your views. She has an eye on what she wants to buy and does not want to lose out.
Thank you.