Just published in Bloomberg Tax Management Real Estate Journal
The 2017 Tax Act and U.S. Real Estate: The Foreign Investor and Unusually Low Tax Rates
By Richard S. Lehman, Esq.
The boom in U.S. real estate caused by foreign investors is about to get bigger as a result of greatly reduced U.S. income taxes for nonresident aliens and foreign corporations.1 Because of the new 2017 tax act,2 foreign investors could receive a 40% reduction in the U.S. income tax of their gains and income from their real estate investments. For those foreign investors who already were invested in U.S. real estate, their after-tax returns could now be 40% more valuable without their raising a finger.3
Download the Full 4-page article here reproduced with permission from Tax Management Real Estate Journal.