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REDDIT

[Looking for advice] Best business/tax structure - Buy investment property with brother living outside US

W
Mar 22, 2025 · 16:12

My brother lives outside the US and is a non-US citizen. He has a lot of cash, and we both want to start investing in properties in the US. What is the best approach to establish a 50/50 partnership so we can legally buy property in the US?

1. Should I open a company to purchase the property? In the long run, if everything goes well, we plan to buy more properties.
2. We don’t necessarily intend to flip houses in the short term. We might keep them and rent them out to create another source of income. What is the best approach for this?