Show notes
I’m sure we have non-US citizens who are planning to invest in real estate in the country either as an individual or as a corporation. If you are one, this episode is for you. Kenneth Kastner, a tax accountant currently based in Israel, joins us today to talk about how he helps foreign investors with their real estate investments in the US. While US real estate can be a lucrative investment for foreign investors, it can also be a huge headache. Avoid such headaches by learning the different tax strategies you can leverage and the things you should know to avoid double taxation. Let’s listen to Kenneth and start investing in real estate from overseas! [00:01 - 05:03] Opening SegmentLet’s get to know Kenneth Kastner Tax accountant His market is foreign investors [05:04 - 15:24] Real Estate Investing for Foreign Investors Are you a foreigner planning to invest in the US?Listen to KennethEven foreign investors can benefit from this tax strategyAvoid double taxation with these tips from Kenneth[15:25 - 27:40] US Tax For Foreign InvestorsHow foreign investors can leverage 1031 exchanges’Corporate tax vs. Individual taxKenneth breaks it downHow to start investing in the US real estate market? [27:41 - 35:56] FIRPTA and ITIN Kenneth breaks down FIRPTA for foreign investors Things foreign investors should know about ITIN Connect with KennethLinks below[35:57 - 39:17] Closing SegmentFinal words from Kenneth and meTweetable Quotes: “Go in with your eyes open, not with your eyes closed.“ - Kenneth Kastner“It’s really crucial to do the planning...also understand basic concepts of US tax.“ - Kenneth KastnerResources mentioned:Internal Revenue Service------------------------------------------------------------------------------------------Connect with Kenneth on LinkedIn and Facebook and check out his website to learn more about his services.Guest email: [email protected] Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.