Puerto Rico

[Luis Saez]

I just learned that if you start up a company in Puerto Rico and flip a house in California and hypothetically profit 100k on the flip, that since you're incorporated in PR that the USA can't tax that profit. And PR has wicked low tax rates. Is this true?

[Lawrence Johnson]

Hi Chandan, 

i saw that no one chimed in on your question.. The answer is yes.. I'm a lender here in Puerto Rico, and I primarily work w/ people from the states looking to finance RE properties here (1-4 units residential) prices are historically low, and  depending on the location you for sure can experience cash flow quickly on your investments.