Interesting however it is my understanding that withholding tax applies to all foreign nationals especially if the properties are purchased in an LLC however it does not apply if in a ccorp. However withholding tax also applies on rent calculated at 39.6% paid quarterly.
Another issue is that if a foreign national buys in an LLC estate duties can apply at 40% for dollar one. If you are an american citizen then estate duties only apply at over 5 million. However if purchased in a C Corp then the investor is protected.
There are great opportunities in the United States however it is important to get quality advice before moving forward.
Nigel Kibel | Property Know How
http://propertyknowhow.com.au
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