All Forum Posts by: Lance Lvovsky

@Jesse Glenn

There may be someone on the board from there. I can’t recall. You can also ask local investors. Or if you don’t mind working with a remote CPA, that is always an option too.

@Christian D.

Consult with an attorney and CPA.

Different valuation methods can be used. Hire a real estate appraiser to do the valuation.

If you are selling equity interested, possible positive tax treatment as capital gain. Your cpa can share more.

@Aaron Moayed

Indefinitely.

@Aaron Moayed

Section 1411.

@Ann Boll

I assume no estate tax return filed. Generally best to get appraised values.

@Mayer M.

Kudos for looking for a bookkeeper. Good bookkeeping is the foundation for good tax returns and often hard to obtain good bookkeeping. Let me know if you need help.

@Keith Gilbert

I can make some introductions to financial advisors for you.

@Ashraf Martin

There are a few on here who work with international clients. Make sure the CPA you hire is experienced in cross border tax planning and working with international investors. Issues of concern are getting an ITIN, annual tax compliance including Form 1040NR, partnership withholding forms 8804/8805 if applicable, and FIRPTA if applicable. Also, if single member LLC, additional information return required in many cases - Form 5472.

@Ashraf Martin

There are a few on here who work with international clients. Make sure the CPA you hire is experienced in cross border tax planning and working with international investors. Issues of concern are getting an ITIN, annual tax compliance including Form 1040NR, partnership withholding forms 8804/8805 if applicable, and FIRPTA if applicable. Also, if single member LLC, additional information return required in many cases - Form 5472.

@Benjamin Richards

Interest tracing rules govern. Hard money used to acquire real estate. Interest is tax deductible.