US Company

US LLC for a Foreign Real Estate Investor

A US LLC can hold a rental or a flip. That is not the same as a turnkey tax plan for foreign landlords. US real property has its own income, withholding, and estate rules. Scriplit will form the company, get the EIN, and file the entity’s information or income forms we already offer. We will not close your purchase, give a FIRPTA opinion, or pretend to be a real-estate lawyer.

What the LLC is good for

A clean owner on the deed, a bank account for rent, and a person the property manager can contract with. Formation in the property’s state is often wiser than forming in Wyoming and then qualifying elsewhere. We will say that even though Wyoming is our usual remote-business default.

What this page is not

It is not FIRPTA withholding advice, not a §871(d) election memo, not title insurance, and not a mortgage brokerage. Those words appear here so you do not think we hid them. Hire the closer and the tax lawyer who do that work.

Who this is for

One rental, not closed yet

Form the LLC in time for the deed. Do not wait for the signing table.

Several properties later

One LLC per property is a lawyer’s structure talk. We can form more than one company. We will not design a fortress on a blog page.

Personal name already on the deed

Transfer is a deed and tax event. We will not treat it as a $349 checkbox.

Foreign couple buying together

That is usually two members — partnership filings, not a disregarded 5472-only story.

What you get

State-sensible formation

We will not force Wyoming when the house is in Florida without talking through qualification.

EIN for the holding company

Managers and banks will ask.

Entity filings

5472 or 1065, plus the state report for the formation state.

Clear no’s

Title, escrow, and FIRPTA stay off our invoice.

How the process works

  1. 1

    Property facts

    State, use (rental or personal), and closing date if known.

  2. 2

    Choose the formation state

    Often the property state. Sometimes a holding structure a lawyer already drew.

  3. 3

    Form and EIN

    Standard packet, plus any foreign qualification we quoted.

  4. 4

    After closing

    Books for rent and expenses if you hire bookkeeping; yearly entity forms.

What we need from you

  • Property state and intended use.
  • Owner names exactly as they should appear.
  • Whether a lender is involved — banks have their own LLC rules.
  • A closing attorney’s name if you have one. We will work beside them, not instead of them.

Read this before you start

  • US real property is US-source. Do not import the “services performed abroad” map onto a house.
  • Estate tax exposure for non-residents who hold US real estate is a specialist topic. We will not quote an exemption number we have not verified for your facts.
  • HOA, insurance, and property tax bills are not IRS Form 5472.

Common mistakes

Forming in Wyoming by habit

A remote SaaS company and a Florida rental are not the same state problem.

Leaving the deed in a personal name “for now”

Later transfers have costs. Ask the closer before you sign.

Using a formation agent as your property manager

A registered agent receives state mail. They do not fix the water heater.

Asking us for a FIRPTA rate on chat

That is a closing-tax question for the professionals on the deal.

FAQ

Yes, that structure is common. Whether it is wise for your purchase is a question for the closer and a tax lawyer. We can form the company.

No. FIRPTA withholding is a transaction specialist’s job. We file entity returns. We do not run your closing.

Often no, if the property is in another state. We will talk through formation versus foreign qualification instead of forcing our default remote-business state.

US real property income is a different analysis from a remote software company. If a personal return is required, we can discuss 1040-NR support. Elections such as §871(d) need a licensed professional when they are the point of the plan.

No.

Scriplit LLC is a Wyoming company that helps non-residents form US LLCs and prepare US information and tax filings. We are not a CPA firm or a law firm. This page is general information, not advice for your facts. Home-country tax, treaties, and your actual activity can change the result.

Tell us the state of the property and whether it already closed

If the deed is already in your personal name, say so. Moving property after closing is a lawyer’s job, not a formation upsell.