Tax Returns CPA for Foreign Investors

Tax Returns CPA for Foreign Investors

Member since 2018 · 15 posts · 8 votes

I am an investor from Australia with a few doors in Toledo & Akron. I am looking for a RE focused CPA that has experience assisting foreign investors. My previous accountant sold his business & the new owners haven't been that responsive, hence looking for a new one. 

Would appreciate any recommendations.

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  • Rental Property Investor · North Palm Beach, FL · Member since 2018 · 2k+ posts · 1k+ votes
    9mo

    @Raj P.

    We have partners who are foreign investors. DM me, and I will send you contacts for attorneys, lenders, and accountants they have previously used. It is important that you hire professionals who have experience working with foreign investors.

  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    9mo

    If you are a foreign investor, you want to be aware of FIRPTA which may occur upon sale of a property.

    Best of luck to you in your search for an accountant.

  • CPA| New Clients Welcome| 50 States · Member since 2016 · 430 posts · 93 votes
    8mo

    @Raj P., hi. For a non-U.S. investor with U.S. rentals, you want a responsive RE-focused CPA who regularly handles nonresident filings, foreign-investor rules like withholding/FIRPTA on sale, FDAP vs ECI, proper rental tax treatment, and U.S. entity + state/local filings. Also confirm they can handle foreign-owned LLC reporting and ITIN needs, with a smooth workflow across time zones for bookkeeping and year-end tax.

  • Jason MalabuteBusiness Member
    Accountant · Los Angeles, CA · Member since 2016 · 2k+ posts · 897 votes
    8mo

    International and foreign investor taxation is really a specialization of its own. There are a lot of unique rules and compliance requirements that don’t apply to U.S.-only investors, and missing them can be costly. I’m only touching the tip of the iceberg here, but beyond commonly known items like FBAR reporting, there are forms such as Form 3520 (and many others) that foreign investors need to be aware of, along with additional reporting, withholding, and structuring considerations.

    Malabute & Company CPAs525 Reviews
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