Tax Implications of Foreign Investment in American Property

Emily Dambrink, Senior Associate, Discusses Tax Implications Of Investing In American Property For Canadians And Other Foreigners 

In the podcast, Emily Dambrink, senior associate at Abalos & Associates, discusses the requirements for foreign investors to buy real estate in the United States and whether they need a special visa to own, remodel or rent that property, and the tax advantages and consequences of such purchases, including what conditions would cause a Canadian to be considered a U.S. resident for income tax purposes and required to file a U.S. tax return. Also discussed are whether the gain from the disposition by a foreign investor of an interest in a U.S. Real Property Holding Corporation is taxable, and why estate planning is an essential element for Canadians or other foreign investors wanting to buy and own U.S. real estate. 

Listen to Foreign Ownership of U.S. Real Estate.