Foreign Investment in U.S. Real Estate: Impact of Tax Reform
Entity Selection, FIRPTA, Tax Concerns When Acquiring or Disposing of Ownership Interests
Note: CPE credit is not offered on this program
Recording of a 90-minute premium CLE webinar with Q&A
This CLE webinar will examine tax challenges for foreign investors in U.S. real estate. The panel will discuss the impact of 2017 tax reform and 2018 regulations on blocker corporations and other investment vehicles, new IRS reporting obligations, the base erosion anti-abuse tax (BEAT), and other matters.
- Overview of tax rules that apply to foreign investors in U.S. real estate
- Estate and gift tax
- Investment structure alternatives and their tax consequences
- Individual ownership
- Ownership through U.S. LLC
- Ownership through a foreign corporation
- Ownership through U.S. corporation
- Ownership through trusts
The panel will review these and other crucial issues:
- What are the tax implications of purchasing U.S. real estate individually vs. through an LLC vs. a blocker corporation or a trust?
- What are the tax reporting obligations for non-U.S. owners of U.S. real estate?
- How does FIRPTA compliance vary between different ownership structures?
- How might the new tax law affect approaches to foreign investment in U.S. real estate?
Edward J. Hannon
Mr. Hannon concentrates his practice on providing advice and counsel to clients on the development of tax savings... | Read More
Mr. Hannon concentrates his practice on providing advice and counsel to clients on the development of tax savings structures for real estate transactions. He represents real estate owners and investors in the use of tax-oriented structures related to U.S. based real estate projects, development joint ventures and structures involving investment in U.S. real estate by foreign investors. He also has an in-depth understanding of regulations, including Section 1031 of the Internal Revenue Code and Delaware statutory trust and tenant common structure to facilitate the like-kind exchange process. Mr. Hannon is both an attorney and certified public accountant and is a member of the adjunct faculty the DePaul University Graduate School of Business where he teaches a course on Tax and Structural Issues of Real Estate Transactions.Close
Cecilia (Ceci) Hassan
Ms. Hassan is a member of the firm's Tax Practice Group, and Global Wealth Management sub-practice group. Her... | Read More
Ms. Hassan is a member of the firm's Tax Practice Group, and Global Wealth Management sub-practice group. Her practice focuses on international clients, their families, family offices, and their companies with structuring their investments inside and outside of the US, such as international trust planning, structuring U.S. real estate holding structures with compliance with FIRPTA, investments and holdings in US and foreign companies and operating businesses, pre-immigration planning for individuals and families coming to the US, expatriation planning for individuals renouncing their US citizenships or green cards, global exchange of information (FATCA, CRS), and other international tax planning matters. She also handles general tax planning for individuals and companies.Close