New rules might affect your plans if you are a foreign investor wanting to buy real estate in the U.S. On November 1, 2024, the U.S. Treasury Department expanded the Committee on Foreign Investment in the United States (CFIUS) oversight of real estate deals. This...
PROVEN LEGAL COUNSEL
For Estate Planning, Estate Administration And Disputes
Real Estate Law
5 elements to consider before buying real estate in the US
The United States has a dynamic and diverse real estate market, attracting foreign investors and aspiring homeowners. While the process may be comparable to buying property in their native country, international buyers should note five factors that can make a smooth...
How can foreign nationals structure their real estate purchases?
The United States is the land of the free, and rightfully so. The country has no specific restrictions on real estate ownership for foreign nationals. If you are from a foreign country and are interested in purchasing property in New York, you should structure your...
Securing tax benefits when purchasing a new home
Understanding the intricacies of real estate transactions can pose a substantial challenge. Both experienced investors and individuals new to real estate often explore avenues to enhance tax benefits. One intriguing option is a 1099 sale, an arrangement that opens...
What are potential problems with older homes?
The Boston area has old and beautiful architecture, with some homes dating back to the 1800s. While you may feel tempted to buy one of these properties, it is important to know that older homes always come with extra problems. Psychologically impacted properties The...
What are some facts about foreign real estate investors in the U.S. market?
The real estate market in the United States can be a great way for a foreign investor to get into the country and cash in. There are many people taking advantage of this opportunity. The National Association of Realtors created the 2022 Profile of International...
The United States is a “safe haven” for foreign investors
Countries are returning to business as usual following the restrictions of the pandemic and see the U.S. as an attractive location for commercial real estate investment. While global uncertainties exist such as inflation, geopolitical conflict and supply chain...
3 tips for buying property abroad
While some travelers romanticize living in a country as they experience the people and culture, others have the opportunity to make those dreams a reality. Those who take steps to own property internationally must undergo serious research and seek advice. Potential...
How does a contingency protect you in a real estate purchase?
When you are buying real estate in New York City, you want to be sure that the property will live up to your expectations, particularly if you want to use it to generate income. Sometimes unexpected problems complicate a purchase, and you may have second thoughts...
New York City air rights and how they may transfer
Real estate developers hoping to expand their construction space in New York City may buy rights to build in a vertical direction. These development rights include the empty air space above an existing building. Cornell University explains how air rights consist of...