Hello Fulton,
I hope all is well.
My buddy and I are from St.Kitts. Quick questions if you can answer here. Both are non-USA residents or citizens. Thinking about opening a Nevada US LLC in conjunction with a Nevis LLC for Real Estate rentals and assets protection in the USA and reduced taxes.
My two (2) questions are:
1- Since we don't plan to get an EIN, will we need to report anything to the I-R-S or have a 30% withholding fee?
2- In my case, would it be better if I just opened a Nevis LLC and owned the real estate in the USA with it?
Thanks!
I hope all is well.
My buddy and I are from St.Kitts. Quick questions if you can answer here. Both are non-USA residents or citizens. Thinking about opening a Nevada US LLC in conjunction with a Nevis LLC for Real Estate rentals and assets protection in the USA and reduced taxes.
My two (2) questions are:
1- Since we don't plan to get an EIN, will we need to report anything to the I-R-S or have a 30% withholding fee?
2- In my case, would it be better if I just opened a Nevis LLC and owned the real estate in the USA with it?
Thanks!
