Fishface replied to the topic Purchasing in USA using SMSF in the forum Overseas Deals 13 years, 11 months ago
Hi TassieJH,Ha ha – thanks for the post.Good point about the US bank accounts – I hadn't thought of that benefit.Did you incorporate in Delaware? Do you mind sharing how you did it and roughly how much it cost?I really need to research some more about the SMSF. Even if the tax benefits aren't great, it allows me to tap into some additional cash…[Read more]
Fishface replied to the topic Purchasing in USA using SMSF in the forum Overseas Deals 13 years, 11 months ago
Hi TassieJH,Are you convinced the LLC option is worth the hassle? I'm looking at buying some property in my own name in addition to the SMSF and I've read conflicting opinions on the benefits of using an LLC versus buying in your own name and just having good insurance if the tenant sues.What made you go the LLC path and are you happy with your…[Read more]
Fishface replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 13 years, 11 months ago
Great to have you back Steve. I like your 3 month plan for Miami. That will give you plenty of time to really scope the market out and wait for the sweet deals that you have to be on the ground to find and act quickly on. I think this will outweigh potentially missing the bottom of the market later in the year.I too am planning to head to Miami…[Read more]
Fishface replied to the topic MIAMI (ad)VICE in the forum I support all the favourable 13 years, 11 months ago
I support all the favourable comments made above regarding Steve's posts on Miami. They have been brilliant. The question is, where has he gone?Come on British Buyer…tell us what you're thinking. We want you back!Fishface
Fishface replied to the topic Purchasing in USA using SMSF in the forum Overseas Deals 13 years, 11 months ago
Hi Steve,I am also looking at buying property in the US through a SMSF. Have you managed to find out any useful info since your post?Fishface