All Forum Posts by: Account Closed

Dear Basit,

I appreciate your answer.The foreign country is France. 

Thank you

Good morning,

Does someone know if a foreign investor does a Fix and Flip in the usa also pays Self emplyment tax ? 

Is the 15 percent withholding Tax (Minus gains if any are made...) refunded the same year ?

Thank you

Good morning,

Does someone know if a foreign investor does a Fix and Flip in the usa also pays Self emplyment tax ? Is the 15 percent withholding Tax refunded the same year ?

Thank you

@Nicholas Aiola

Thank you very much for your clear answer. Regarding the second question, does the second person (ie my mum) also need to obtain a ITIN number or can it be done only under one ITIN ?

Many thanks again

Good afternoon,

For a foreigner having one ITIN number looking to create a LLC with a partnership (Mother and son) does the second person need to apply for a ITIN number ?

Is it possible (Without creation of LLC) to share the income on rental property between 2 persons in order to reduce tax ?

Thanks a lot for your help. Much appreciated

Good evening,

Is it possible to pay tax under one ITIN number and have the property in another name ?

Thank you

Thanks a lot for your time and answers

Good morning Alabama experts,

I wanted your opinion on why the Appraised Value is so much higher than the Value that properties actually sell in Alabama (Calhoun County) ? In other states like Georgia it is mostly the opposite (Real Value higher than Appraised value.)

Thanks a lots

Thanks for reply. Is it possible to have General Liability Insurance to cover me in case one of the tenants gets hurt. (Whithout purchasing Landloard insurance) 

Hello,

When you do not have a Mortgage and being a foreignor Is it possible to only have General Liability insurance for a property. Can it cover Multiple properties and does it come a lot cheaper than having Landloard Insurance (Covering Fire, hazards, Wind... ) ?

Thanks a lot