FAQs
Get all your investment questions answered here. Review basic information and practical tips for navigating U.S. real estate with more confidence.
What about aftercare after the investment, such as home maintenance, maintenance management, and tenant management?
We offer Property Management Services and Post Closing Services to help protect your assets and maximize your returns throughout the life of your investment.
Turnkey Global Realty's property management team works with specialized contractors and systematic tenant screening to help keep your investment stable and secure.
Post-closing support also covers practical next steps such as repair requests, utility setup, and other administrative needs after closing.
Can I get the same real estate benefits as Americans as a Korean buyer?
The United States actively welcomes foreign investors to own real estate, and foreign buyers generally have the same ownership rights as U.S. buyers as long as they meet legal and tax requirements.
Residential and commercial real estate purchases are generally open to foreign nationals, and there are no special restrictions simply because you are buying from abroad.
Mortgage terms, tax reporting, and legal compliance can differ, so professional guidance is still important.
What is a 1031 Exchange?
A 1031 Exchange is a provision in the U.S. tax code that allows investors to defer capital gains tax when selling investment property and reinvesting in another qualifying property.
The process requires compliance with strict timelines and rules, and it must be handled through a Qualified Intermediary.
What taxes are involved in U.S. real estate ownership and sales?
Key taxes can include income tax, capital gains tax, property tax, transfer tax, and rental income tax.
Foreign investors may also need to account for FIRPTA withholding when selling U.S. real estate.
Rates and obligations vary by state, city, ownership structure, and your home-country reporting requirements.
If a foreign national owns U.S. real estate, how can rental income be taxed like an American taxpayer?
Foreign owners can be subject to withholding on rental income, but tax treatment can change depending on how the income is reported.
If rental income is treated as effectively connected income and properly reported, the flat withholding approach may not apply in the same way.
Forms such as W-8ECI and professional tax guidance are important when setting up the correct filing position.
Is U.S. real estate easy and safe for Koreans to invest in?
Koreans can legally purchase U.S. real estate, and U.S. permanent residency or citizenship is not required.
The market can be accessible and attractive, but safe investing still depends on due diligence, tax planning, financing strategy, and the right local team.
If you already own rental property in the U.S., what tax deductions may be available?
Depending on use and structure, deductions may include mortgage interest, property taxes, repairs, insurance, management fees, legal fees, and other operating expenses.
One of the most powerful tools can be depreciation, which allows building value to be deducted over time according to U.S. tax rules.
Does the U.S. have a final ownership registration step like Korea?
Ownership is typically finalized through the deed, which is recorded with the county where the property is located.
Once the deed is accepted and recorded, ownership is generally considered properly vested.
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