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Top Tax Questions for Foreign Investment in Texas Real Estate

Foreign investment in Texas (TX) real estate is experiencing phenomenal growth. It seems that foreign investors are vigorously seeking variety of real estate, including commercial buildings, single family homes, and apartment buildings. Our growing market is perfectly outfitted for expansion in the realm of foreign investment.

However, foreign investors do not often understand the tax issues associated with their investment in US real estate. They have many important questions, including, but not limited to, the following:

  • How am I taxed at the federal level?
  • How am I taxed at the state level?
  • When are my tax returns due to be filed?
  • Are there any elections that need to be filed?
  • How do I get a tax ID #?
  • What does it cost to have my returns filed?
  • Can my overall tax bill be lowered?

There are many issues facing foreign investors in Texas real estate that need to be addressed. Many tax professionals and CPA firms do not seem to have what it takes to properly address and resolve these concerns, but they will be easily tackled by our accountants at Sundin & Fish, PLC, with our professional three-step process.

First, we review and discuss the tax structure for the client and determine if there needs to be a modification to the tax structure. This step could potentially lower the overall tax bill, or possibly even reduce the red tape, filing requirements, and other possible complications or restrictions involved in tax work in the US.

We then review all your relevant tax documents and also can coordinate with your real estate property management company to obtain your important income and expense information. If applicable, we coordinate with your real estate property management company to obtain the income and expense information for your real estate. This process ensures that you have a smooth, quick, and efficient tax filing experience. Clients often have issues with missing tax documents, such as receipts. We make sure to maintain and review your settlement statements and any other documents concerning your Texas properties.

Lastly, we finalize your TX state and federal tax returns and review the results with you. To ensure that you are maximizing your tax deductions and minimizing your tax liability, your tax and real estate situation is again thoroughly reviewed and analyzed. All tax situations are different, but we work vigorously to lower your tax bill and make sure that your returns are reviewed for “red flags”.

We already have experience with foreign clients who have purchased real estate throughout the state of Texas, and there is always room for plenty more. We have a team of tax professionals that can assist you every step of the way. Do not fear the IRS or the state of Texas, for there are many options available to you at Sundin & Fish, PLC.

Many CPAs are not qualified to deal with foreign investors or experienced in the issues their clients may be facing. As a firm who is experienced and extremely competent in dealing with these issues, we are able to review your situation quickly and efficiently, and subsequently tackle any and all of your foreign investment concerns. Call us today at 480-361-9400.

We serve the following Texas (TX) cities and communities:

Abilene Addison Aledo Alice Alief Allen Alpine Alvarado Alvin Amarillo Anahuac Andrews Angleton Aransas Pass Arlington Athens Atlanta Austin Azle Bandera Barker Bastrop Bay City Baytown Beaumont Bedford Beeville Bellaire Bellville Belton Big Spring Boerne Bonham Borger Bowie Brady Brazoria Breckenridge Brenham Bridge City Bridgeport Brookshire Brownfield Brownsville Brownwood Bryan Buda Buffalo Bulverde Burkburnett Burleson Burnet Caldwell Cameron Canadian Canton Canyon Canyon Lake Carrizo Springs Carrollton Carthage Cedar Hill Cedar Park Center Channelview Childress Clarksville Cleburne Cleveland Clifton Clute Coldspring Coleman College Station Colleyville Columbus Comanche Comfort Commerce Conroe Coppell Copperas Cove Corpus Christi Corsicana Crockett Crosby Crowley Crp Christi Crystal City Cuero Cypress Dalhart Dallas Dayton Decatur Deer Park Del Rio Denison Denton Denver City Desoto Devine Dickinson Dimmitt Donna Dripping Springs Dumas Duncanville Eagle Pass Eastland Edinburg Edna El Campo El Paso Elgin Ennis Euless Fairfield Falfurrias Floresville Flower Mound Forney Fort Stockto2n Fort Worth Frankston Fredericksburg Freeport Friendswood Frisco Gainesville Galveston Garland Gatesville Georgetown Giddings Gilmer Gladewater Glen Rose Gonzales Graham Granbury Grand Prairie Grapevine Greenville Groesbeck Groves Hallettsville Haltom City Hamilton Harker Heights Harlingen Hearne Helotes Hemphill Hempstead Henderson Hereford Hidalgo Hillsboro Hitchcock Hondo Houston Humble Huntsville Hurst Ingram Irving Jacksboro Jacksonville Jasper Jefferson Justin Katy Kaufman Keller Kemah Kemp Kennedale Kermit Kerrville Kilgore Killeen Kingsland Kingsville Kountze Kyle La Grange La Marque La Porte Lake Dallas Lake Jackson Lamesa Lampasas Lancaster Laredo League City Leander Levelland Lewisville Liberty Lindale Littlefield Livingston Llano Lockhart Longview Lubbock Lufkin Luling Lumberton Mabank Madisonville Magnolia Manchaca Mansfield Manvel Marble Falls Marlin Marshall Mathis Mc Kinney McAllen Mercedes Mesquite Mexia Midland Midlothian Mineola Mineral Wells Mission Missouri City Monahans Montgomery Mount Pleasant Mount Vernon Muleshoe Nacogdoches Navasota Nederland Needville New Boston New Braunfels Nocona North Richland Hills Odessa Orange Palestine Pampa Paris Pasadena Pearland Pearsall Pecos Perryton Pflugerville Pharr Pinehurst Pittsburg Plainview Plano Pleasanton Port Aransas Port Arthur Port Isabel Port Lavaca Port Neches Porter Portland Post Quinlan Quitman Raymondville Red Oak Refugio Richardson Richmond Rio Grande City Roanoke Robstown Rockdale Rockport Rockwall Rosenberg Round Rock Rowlett Rusk San Angelo San Antonio San Augustine San Benito San Juan San Marcos San Saba Sanger Santa Fe Schertz Schulenburg Seabrook Seagoville Sealy Seguin Seminole Sherman Silsbee Sinton Slaton Smithville Snyder Sonora South Houston South Padre Island Southlake Spearman Splendora Spring Spring Branch Stafford Stephenville Sugar Land Sulphur Springs Sunnyvale Sweetwater Taylor Temple Terrell Texarkana Texas City The Colony Tomball Trinity Tulia Tyler Universal City Uvalde Vernon Victoria Vidor Waco Waller Waxahachie Weatherford Webster Weslaco West Columbia Wharton Whitehouse Whitney Wichita Falls Willis Wills Point Wimberley Winnie Winnsboro Woodville Woodway Wylie Yoakum Zapata

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