Investment in U.S. Real Estate by Nonresident Aliens (NRAs)

On May 21, Carl Merino presented on "Investment in U.S. Real Estate by Nonresident Aliens (NRAs)" at International Estate & Tax Planning 2018, a program sponsored by the Practising Law Institute and held in New York, NY. Carl discussed U.S. income, gift and estate tax consequences of ownership of U.S. real property by nonresidents and structuring options to mitigate U.S. tax exposure, including the use of trusts and foreign blocker corporations. The presentation also highlighted how the new tax law impacted the use of existing structures.