Forign Investment

I’m British and live in England, can purchase property for investment in America? If I can, would rules be the same or diffrent from those that resides there.

Howdy Ipbah:

Great question. I will call my title company friend later today and ask. Maybe someone will know and beat me to the punch. The only thing different I know of will the the tax forms. You will report income here and pay tax as an alien ( with a great accent) and perhaps pay tax there too on foreign income or maybe not. In all fairness you should only have to pay tax on the income once. I hope England if fair about that sort of thing.

One question for you totally off the subject. Have you ever been to Stokely Castle? I would like to know more about it since my name is Stokely. Perhaps one day I will visit there myself.