U.S. Real Estate Tax Planning for Global Families

Tax structure at acquisition can determine whether a global family's U.S. real estate investment preserves value or creates avoidable exposure for years to come. Real Estate attorney Shawn Amuial joins Private Wealth Services and Tax attorneys Sean Tevel and Logan Gans to discuss how global families should structure U.S. real estate investments before closing. They stress that investors who buy first and seek tax advice later often find themselves facing costly – yet preventable – issues such as estate tax and Foreign Investment in Real Property Tax Act (FIRPTA) exposure coupled with state tax noncompliance. Proper planning, they add, turns on core facts such as residency, intended use, holding period and home jurisdiction treatment. For real estate lawyers, early coordination between transactional and tax counsel remains critical to protecting clients' assets and avoiding mistakes that are difficult to unwind.