STEP NY | August 1st Luncheon | Home Away From Home: Structuring the Foreign Acquisition of a US Residence

Tuesday, August 1, 2023 - Tuesday, August 1, 2023

11:45 to 1:00 PM at Kirkland & Ellis LLP, 601 Lexington Ave., NY, NY

Register today for Home Away From Home: Structuring the Foreign Acquisition of a US Personal Residence
Tuesday, August 1, 2023 Luncheon
11:45 PM – 1:15 PM
Location: Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022
Please join us for this presentation by Eli Akhavan, Partner of Steptoe & Johnson LLP. When a foreigner purchases a US residence, tax issues may not be the priority, especially if the main goal is to “get the deal done”. However, prior to the acquisition, the purchaser needs to establish a structure to align with their investment, succession, and tax planning objectives as it may be too late to do so after the purchase. Eli Akhavan will discuss different structuring options for a foreign investment in US residential real estate and the estate and income tax considerations that need to be taken into account by advisors. The program will cover the following:
  • Structuring options for foreign investment in a US residence
  • Estate and income tax consequences of different structures
  • Potential benefits of a tax treaty
  • Tax issues related to personal use of home

Register Here

 

Thank you to our sponsor