Foreign Investor Providing Rehab Budget
I have a foreign investor who would like to provide the rehab budget for my next project. Can they simply setup an account here in the U.S like HSBC Premier that can be used in Europe and the U.S. Then transfer the funds into the repairs escrow once the funds are in her U.S bank account? Secondly, once the deal is over can her profit share be simply wired to her U.S bank account and she can deal with them how ever she would like? Also, this way does she have to pay U.S tax on this money?