US Tax Structure when Buying Belize Real Estate - James Baker CPA

James Baker CPA sits down with Will to discuss the best way to own real estate in belize as an American. Should you own your property in your personal name? Should you own your property in an LLC? This and more in todays episode.
www.jamesbakercpa.com/belize
Contact: [e-mail]

[@cassandragauvreau5863]

Should do one for Canada to this was very interesting

[@TomChennai]

Both of you are great! Connecting with both of you soon, Thank you and God Bless.

[@WillMitchellBelize]

Thank you so much!!

[@Caveman007maga]

This type of CPA’s are very hard to find. Definitely I will check the website.

[@Wanderingmedic]

Question if I sell property in the United States and buy property in Belize before 18 months are up, Do I still have to pay capital gains tax?

[@austinsworld8936]

If you have the title in your name can you change it to llc without paying the 8% transfer tax?

[@erichall4696]

Thanks again Will. I'm going to make an appointment with me.

[@WillMitchellBelize]

Highly recommend it Eric!

[@harish40362]

This is Great, thanks for such an informational video! Let me explain my scenario, and i am on work visa in the USA (non-citizen) invested in Belize.
Construction is going, on one of my lots in GBE, lot is on a payment but construction is in progress and going to be completed and put in a market soon in a month or two,
Would I be able to sell the property with lot being on mortgage for cash only?
How am I going to report the capital gains in USA or in Belize? Would I need to consider something being a non-citizen in USA?

[@WillMitchellBelize]

Hey Harish, great question. I highly recommend lining up a call with James and him team with regards to the US capital gains questions. As for the Belize side we don't have capital gains tax here so it won't be a concern. You can sell your lot with financing or without so that will be entirely up to you! Our team can help with that when the time comes.

[@harish40362]

@@WillMitchellBelize thank mitch! We really appreciate content of your videos, gives a lot of info not just to Belize but what to consider for foreign investments!!

[@Thecoolestjen4477]

Do you have the baker 2 step form that you showed available to print? I'd like to print this out and add it to my business plan.

[@WillMitchellBelize]

Best way would be to reach out to James himself I'm not 100% on if he has a print out. Anything Belize real estate related I'm ready to help. [e-mail]

[@Sedona-sm3dc]

Hi Will, quick question regarding stock trading, what is the tax rate for this in Belize? Thanks!

[@WillMitchellBelize]

Hi there that would be more based on your residency. I would recommend shooting an email to me at [e-mail] and we can get you up to speed

[@cherriclewis1]

Good day. Is the taxation on land different once you build on the land?

[@WillMitchellBelize]

Hey Cherri, the property taxes would be the same regardless

[@rapidresponserepairllc.man9552]

Good good video Will and James very informative I have some questions Will can you give James my info please. Thank you sir