Florida Overseas Investment, things to think about?

2 Replies | Orlando, Florida

We are looking to purchase our first investment property. We know and love Orlando and have visited many times. As we are UK citizens we are not up to scratch with the tax/costs that you have with a property out there. If anyone could give us any advice for us to consider before proceeding it would be great. Thank you in advance for your help.

Hey @Bethany Waddington - Orlando is a great to place to invest. I've worked with international investors before and have a decent handle on what you can expect. Here's a quick video on the main tax (FIRPTA) that you can expect when purchasing here in the states:

https://www.irsvideos.gov/Individual/education/FIRPTA

Hope that's helpful, reach out anytime!

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