Real Estate Development Taxation

[Navid T.]

Hello Guys,

If I invest $ 1 Million dollar in a real estate development project and the net profit for this project is 100% or 1 million dollar , how much tax should I expect to pay for this profit? what would be the legal ways to avoid or minimizing paying taxes in this scenario ? ( Please consider the fact that this project is overseas, and I'm a U.S citizen)

Thank you,

Navid