When investing in real estate, location is still the most important factor. But within each location, investors will find unique circumstances that greatly affect the bottom line.
“If you choose to buy an apartment building in Toronto, that won’t be the same as buying one in New York City,” said Scott Helberg, a real estate senior analyst at RSM US LLP. “There are changes to regulations, tax compliance and structuring that will impact the net return.”
To get a solid return on investment from foreign real estate markets, investors must carefully plan their strategy. RSM spoke with Helberg and Sajjad Qamar, an international tax senior director at RSM US, who gave investors six tips to think about.