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Section 199A – Qualified Business Income Deduction (QBID)

Qualified Business Income Deduction (QBID) – Rental Enterprise The Tax Cuts and Jobs Act of 2017 (TCJA) provides the most significant tax legislation changes in the United States for the last 30 years. Due to the nature & quantity of the tax changes, the IRS continues to provide final guidance on matters into 2019. The […]

Comparison of Ownership Methods for Investment in U.S. Real Estate by Non-Residents

Listed below is a brief comparison of possible ownership methods for investment in U.S. real estate available for non-resident owners of U.S. rental property. The determination of how to structure the ownership of U.S. real estate can be complex when non-residents are involved. There are advantages and disadvantages to each approach and no single approach […]

Limited Liability Partnership (LLP)

The Limited Liability Partnership (LLP) is a similar business structure as an LP but it has no general partners. All of the owners of an LLP have limited personal liability for business debts. A tax return is filed for the partnership AND for each partner with the more beneficial individual income and capital gain tax […]