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Taxes/Estate optimizing: buy property for family to live in...
Hello,
I'm looking to purchase multiple homes in the US for my parents & siblings to live in for free.
I am curious how to optimally structure this from a tax standpoint.
My parents are US citizens & residents. I am neither a US citizen nor resident.
Ideally for estate planning purposes the structure would live beyond my lifetime, therefore navigating cleaning around the US estate tax which starts at $60k for non resident aliens with US based assets.
Any one out there have any suggestions?
Thank you!