Home Buying in USA>Question Details

Vincent, Home Buyer in USA, Mobile, AL

I am in the US on a L1 Visa and I want to buy property. Is that possible? What are the Pro's and Con's in regards to taxes?

Asked by Vincent, USA, Mobile, AL Mon Mar 19, 2012

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We just published a FAQ's about Foreigners Buying and Selling Real Estate in the US by our tax attorney Wendy Fitzsimons. It focus on many legal and tax issues that a non-Us Citizen may face.


Ricardo Mello
1 vote Thank Flag Link Mon Jul 9, 2012
If your paying cash buy it in a Trust ! Not sure on the tax !
0 votes Thank Flag Link Tue May 29, 2012
L-1A and L-1B are both eligible Visa type for a Non-Permanent Resident Alien status for a mortgage loan.

You would have to contact a CPA or tax preparer for any tax related questions. No one else is qualified to give advice on that.

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing
0 votes Thank Flag Link Mon Mar 19, 2012
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