Many overseas investors are buying into the United States’ real estate market. While this can be a good idea for foreign investors wishing to take advantage of the current low property costs or conducting a business on American soil, there are a few differences between U.S. citizen and foreign investor tax rules.
If you’re a real estate professional, you need to be aware of these differences as they will impact federal tax laws and real estate transactions. The IRS has put together a great article highlighting these differences and preparing real estate investors and property managers who are involved in this specific situation.