Archive | Nonresident Aliens

Helping Nonresident Aliens with Tax Planning & Preparation

Foreign real estate investors have unique tax situations that are not like the typical CPA firm client.  You have important questions that need to be answered.  That’s where we come in. We’re experts at providing strategic tax planning for your US real estate activities.  We offer a personal, hands-on approach that you simply won’t find […]

How do estate tax treaties work?

The United States has income tax treaties with a number of foreign countries. Under these treaties, residents (not necessarily citizens) of foreign countries are taxed at a reduced rate, or are exempt from U.S. income taxes on certain items of income they receive from sources within the United States. These reduced rates and exemptions vary […]

Tax Tips for Canadian Investors in US Real Estate

In Arizona, Canadians have recently surpassed Californians as the largest purchasers of residential real estate.  This should not be too surprising considering the weak US dollar and cheap Arizona real estate values. But with such a large influx of Canadians acquiring rental real estate, they must consider the tax consequences. Canadian investors must make sure […]

Estate Tax Treaty Between the United States & Australia

Reproduced below is the United States and Australian Estate Tax Treaty from 1953. Estate Tax Treaty Between the United States & Australia TAXES ON ESTATES OF DECEASED PERSONS  Convention between the UNITED STATES OF AMERICA and AUSTRALIA • Signed at Canberra May 14, 1953 • Ratification advised by the Senate of the United States of America […]

Crowdfunding Real Estate Tax

Is there any FIRPTA withholding tax when I dispose of the property?

With the increase in foreign investment in the US, understanding withholding requirements has become very important. Most real estate agents don’t understand it (this makes sense because they are not tax professionals) and sometimes attorneys even struggle with it.  The reality is that the foreign investor should have a general understanding of how FIRPTA works […]

What are Estate Taxes for Non-Residents?

Estate taxes for non-residents is not easy.  Deceased nonresidents who were not American citizens are subject to U.S. estate taxation with respect to their U.S. situated assets. U.S.-situated assets include American real estate, tangible personal property, and securities of U.S. companies. A nonresident’s stock holdings in American companies are subject to estate taxation even though […]

Buying US Real Estate

Tax Tips for Australian Investors in US Real Estate

In our practice we deal with many foreign real estate investors, including those from Australia. As investment in US real estate continues to rise, there are certain tax issues that foreign investors need to understand.  This not only includes annual filing requirements, but also tax withholding upon the sale under FIRPTA. If you are not […]

Tax Tips for French Investors of US Real Estate

Our accounting firm handles many foreign real estate investors, including those from France. There are certain tax issues that foreign investors need to understand as investment in US real estate continues to grow. These issues include annual filing requirements, as well as tax withholding upon the sale under FIRPTA. If you are not a citizen […]

Tax Issues For Swedish Investors of US Real Estate

We deal with many foreign real estate investors in our practice, including those from Sweden. As investment in US real estate continues to develop, certain tax issues become apparent and must be understood and properly addressed by investors. Examples of these issues are the imposition of annual filing requirements, as well as the issue of […]

Tax Help For Dutch Investors of US Real Estate

At Sundin & Fish, PLC, we have worked with many foreign real estate investors, including those from the Netherlands. There are certain tax issues that investors encounter in the process of filing with the United States, and these issues must come to be understood, especially as investment in US real estate continues to rise. These […]