CLE on Nonresident Investment in U.S. Real Estate: Tax Traps to Avoid
The American Law Institute is holding a webcast entitled, Nonresident Investment in U.S. Real Estate: Tax Traps to Avoid, Thursday, March 19, 2020 from 12:00 pm to 1:30 pm. Provided below is a description of the event.
Why You Should Attend
With financial centers around the world in turmoil, inbound investment into the United States continues, often into U.S. real estate. When foreigners invest in U.S. real property, however, there are a number of “tax traps” that can take away the benefit of an investment intended to be a safe haven.
In just 90 minutes, this webcast will cover some critical points in order to understand how to plan effectively for foreign investment into U.S. real estate, and provide guidance on how nonresident aliens can structure their investments to minimize income, gift, and estate tax exposure.
What You Will Learn
Two estate planners with extensive experience in cross-border tax planning and Fellows of ACTEC will discuss:
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- Income, gift, and estate taxation of NRAs as compared to U.S. citizens and residents
- Challenges of the Foreign Investment in Real Property Tax Act (FIRPTA) and how to handle them
- Comparison of different tax structures available to nonresident Aliens to hold U.S. real property
- How 2017 tax reform has impacted real estate holding structures
All registrants will receive a set of downloadable course materials to accompany the program.
Who Should Attend
Estate planners, tax advisors, and other related professionals will benefit from this CLE jointly offered by ALI CLE and ACTEC.