penthouse

3 Walkable Homes For Active Buyers

Miami is a big city with a layout that’s not always accommodating to the homeowner who wants to walk to and from the store. Living in downtown Miami, of course, alleviates some of that issue and provides the added benefit of promising a vibrant nightlife. Whether you want an urban oasis or just don’t want to wrestle traffic to and from the grocery store, here are three properties perfect for buyers searching for a walkable home. Affordable Amenities This two bedroom, two full bath penthouse at Loft II downtown is perfect for a buyer who wants a taste of walkable urban living, but also the comfort of an open floor plan. Sliding glass doors lead onto a sun-drenched patio with ocean views, and the building’s amenities include a gym and pool. Interested in this $449,000 space? Click here for more information. Price-Drop Penthouse If you’re looking for a little more elbow room, this property might be just the one for you. At 1,434 square feet, this two bed, two full bath home gives you the space you need, and with a recently dropped price to $705,000. You’ll be provided two parking spaces, resort-style amenities and access to dozens of restaurants […]
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Buying real estate non us resident

Buying real estate non us resident? I. Individually or through a pass-through entity such as an LLC There are buying real estate non us resident advantages. This structure is a lower capital gain rate on the net profit. The rate today is 15%. This will be the case for at least until 2013 when the rate is schedule to go up to 20%. The foreign individual will have to have a U.S tax identification number and file U.S tax returns at time of sale of property or on receipt of rental income. The other advantage to this structure is the elimination of double taxation of income if there are rents received and a profit left over after payment of carrying costs and expenses. The disadvantage of this structure is exposure to the estate tax in the U.S as well as possible probate in Florida courts. This structure also has no confidentiality since the real estate records are completely public. We have been advised by Brazilian counsel that if a Brazilian individual does pay capital gains tax in the U.S on the profit of the sale real estate, this tax will be credited against tax due in Brazil. This should be […]
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