All Forum Posts by: Steve H.
Steve H. has started 2 posts and replied 8 times.
As a NRA investing in US real estate funds, (the funds invest in multi family / MHP / RV / warehouses etc) would these be taxes as FDAP or ECI?
These funds will give various percentages depending on profits made. They raise millions of dollars but individual investors would invest anything from $50k up
Post: Investing in the US as non resident and living abroad
- Posts 8
- Votes 1
What about real estate Funds ?
Can the election me made for that to move from 30% to ECI ?
Post: NRA Investing in USA - Tax Obligation and Mitigation
- Posts 8
- Votes 1
Hi there, i'm a non-resident Alien (British), investing in USA. I'm wondering if you have pointers, people or ideas for maximum tax mitigation as an NRA?
My situation and current strategy:
- my foreign company will invest in USA through both a US LLC (as a disregarded entity) and a US corporation. I'll figure out if the US investment will be an FDAP or ECI (understanding which is vital for all foreign investors).
- FDAP investments i'll definitely invest through US corporation, ECI i can invest through US LLC or US corporation, depending if i need the investment profits immediately or they can wait.
- the US LLC will be straight path through to me, so i'll be taxed as an individual (it'll file Form 5472 and 8832 so the foreign company is also viewed as disregarded entity for tax purposes, so it passes through directly to me for tax purposes).
- the US corporation will be taxed at 21% and profits re-invested. I will NOT take distributions from US corporation because in my situation that'll be 30% tax. These investments will more be for long term.
- i'd like to give loans from my foreign company to both the US LLC and US corporation for the US investments.
Questions: Is there any holes in above strategy? And is there any strategies for tax mitigation when a foreigner is investing in USA through a US LLC and Corporation? Would love direction and advice, books or websites to help understand my tax obligation and work out how to mitigate it in the best possible way.
Thank you!
Post: Paradigm Life, Infinite Banking, Whole Life Insurance
- Posts 8
- Votes 1
Originally posted by @Zachary Paschke:
Originally posted by @Steve H.:
If we are not American or living in USA, where can we get "infinite banking" through Whole life insurance? (p.s. i'm a British expat)
The principals are pretty simple. You’re just looking for a whole life insurance policy that pays a dividend that allows you some significant paid-up additions (the extra cash you put into the cash value of the policy).
If you have any ties to the US, it’s possible to get a US policy otherwise you’ll have to buy local.
Thanks Zachery that’s helpful .. If we get one in USA or abroad, are we able to invest internationally (?)
I thought Panama could be good place to explore but wondered if getting one there I’d be locked into buying real estate there if using this method (?)
Post: Paradigm Life, Infinite Banking, Whole Life Insurance
- Posts 8
- Votes 1
If we are not American or living in USA, where can we get "infinite banking" through Whole life insurance? (p.s. i'm a British expat)
Post: Infinite Banking concept
- Posts 8
- Votes 1
is this infinite banking concept available internationally ? (outside usa for non-US citizens / residents)
Post: Cashflow Tactics || Ryan Lee and Bradley Gibb
- Posts 8
- Votes 1
Originally posted by @AMY NEWTON:
@Steve H. The Academy has the all training videos and the Acceleration includes the mastermind group with weekly calls for more training and Q&A as well as the Academy. I believe the Academy is on offer for half off for Black Friday weekend. Not sure if the deal is still up but you could always ask.
I joined Acceleration because I wanted to be part of a group that is taking action. I struggle with analysis paralysis so it has helped me quite a bit. It is a great group of people who encourage and offer guidance on the path to financial freedom. There is a lot of info that goes against the mainstream as well as a lot of info on lowering taxes to keep more of your wealth, lots of mindset discussion and strategy, and long-term wealth planning and empowerment in general.
There are a lot of success stories coming out of this group. If you can keep an open mind and are committed to taking action to improve your future, I recommend it!
Thank you Amy! That sounds like the same reason I’m attracted to the accelerator
So if I join the accelerator , I’d still get the academy training videos ? (Sorry I’m a bit unclear about that)
Also I’m not American and live outside , is it still good for me to join?
Post: Cashflow Tactics || Ryan Lee and Bradley Gibb
- Posts 8
- Votes 1
I'm wondering the difference between the academy and accelerator program? (does the accelerator contain all the academy info yet more(?))
did anyone pull the trigger - any feedback now in hindsight?