Structuring Your U.S. Real Property Investment – A Primer

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On August 25, 2020, at 12:00 pm (East­ern Time), join us for a webi­nar with U.S. tax attor­ney Alex­ey Man­a­suev, LL.M. (Int’l Tax), NYU, TEP who will dis­cuss tax-effi­cient struc­tur­ing alter­na­tives for invest­ing in U.S. real prop­er­ty by Cana­di­ans and oth­er U.S. non­res­i­dents.   Who Will Ben­e­fit From Attend­ing This Webi­nar? This webi­nar is intend­ed for real estate investors, indi­vid­u­als and busi­ness own­ers, their trust­ed advi­sors and tax pro­fes­sion­als. The con­tent is espe­cial­ly rel­e­vant to U.S. tax and Cana­di­an tax advi­sors who are assist­ing their clients in address­ing U.S. tax and cross-bor­der impli­ca­tions relat­ed to invest­ment in, man­age­ment of, and dis­po­si­tion of U.S. real prop­er­ty inter­ests.   Top­ics Cov­ered in This Webi­nar. The For­eign Invest­ment in Real Prop­er­ty Tax Act (“FIRPTA”) has long rede­fined the tax­a­tion of for­eign busi­ness­es and non­res­i­dent alien indi­vid­u­als who enter into trans­ac­tions involv­ing U.S. real estate. In some instances, even when FIRPTA with­hold­ing is not required, the report­ing and FIRPTA with­hold­ing fil­ing require­ments are quite sub­stan­tial. Fail­ure to com­ply may lead to adverse penal­ties and sub­stan­tive tax lia­bil­i­ty. Under­stand­ing the applic­a­ble FIRPTA frame­work and doing due dili­gence when mak­ing invest­ment in U.S. real prop­er­ty are keys to suc­cess­ful tax-effi­cient struc­tur­ing of your pur­chase. We will dis­cuss how to struc­ture U.S. real prop­er­ty invest­ment, review prac­ti­cal con­sid­er­a­tions rel­e­vant to real prop­er­ty man­age­ment, and out­line key tax con­sid­er­a­tions rel­e­vant to one’s exit strat­e­gy.   Here’s just a sam­ple of what we’ll cov­er dur­ing this webi­nar:
  • FIRPTA back­ground;
  • Overview of struc­tur­ing alter­na­tives, includ­ing their pros and cons, for mak­ing invest­ment in U.S. real prop­er­ty;
  • FIRPTA with­hold­ing and IRS With­hold­ing Cer­tifi­cate appli­ca­tions on Form 8288‑B;
  • Retroac­tive penal­ty relief;
  • Claims for ear­ly refund;
  • U.S. tax com­pli­ance tips and prac­ti­cal con­sid­er­a­tions;
  • … and more!
  To learn more, please reg­is­ter and gain the knowl­edge you need to help your clients pre­pare for their 2020 tax sea­son and effec­tive­ly man­age their poten­tial U.S. tax expo­sure, as well as pro-active­ly address poten­tial penal­ties and applic­a­ble penal­ty expo­sure. Plus, you can earn up to 1 CPD cred­it (rel­e­vant to Cana­di­an CPAs).  We hope you join us![templatera id=“34208”]

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