Masterclass: Americans Buying Property in Portugal

This masterclass covers what the U.S. tax system requires of Americans who own Portuguese property, how the structure of ownership determines the compliance picture for as long as you hold the property, and what to think through before you sign.

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- Introduction
  
  Your Portuguese lawyer handles the Portuguese side. Nobody handles the U.S. side unless you ask.
  
  Your Portuguese lawyer handles the Portuguese side. Nobody handles the U.S. side unless you ask.
- How Americans Typically Buy Property in Portugal
  
  Two paths. Very different U.S. tax outcomes.
  
  Two paths. Very different U.S. tax outcomes.
- Buying Through a Portuguese Company: The CFC Problem
  
  Buying Through a Portuguese Company: The CFC Problem
  
  Buying Through a Portuguese Company: The CFC Problem
- PFIC Risk When Renting Through a Company
  
  A company that holds property and collects rent is a strong candidate for PFIC classification.
  
  A company that holds property and collects rent is a strong candidate for PFIC classification.
- Foreign Reporting: FBAR and FATCA
  
  Portuguese property ownership can trigger reporting requirements beyond the tax return.
  
  Portuguese property ownership can trigger reporting requirements beyond the tax return.
- Foreign Tax Credits and Portuguese Property Taxes
  
  Not all Portuguese taxes offset your U.S. tax bill.
  
  Not all Portuguese taxes offset your U.S. tax bill.
- Rental Income and Alojamento Local
  
  The type of rental activity determines how income is characterized and taxed in the U.S.
  
  The type of rental activity determines how income is characterized and taxed in the U.S.
- Selling Portuguese Property: U.S. Tax Consequences
  
  Planning for the exit is as important as planning for the purchase.
  
  Planning for the exit is as important as planning for the purchase.
- Before You Buy: What to Think Through
  
  Once a structure is in place, unwinding it is more costly than choosing the right structure from the start.
  
  Once a structure is in place, unwinding it is more costly than choosing the right structure from the start.
- Wrap-Up and Key Takeaways
  
  Buying property in Portugal is absolutely achievable for Americans. The problems arise when the U.S. side is ignored until after the purchase.
  
  Buying property in Portugal is absolutely achievable for Americans. The problems arise when the U.S. side is ignored until after the purchase.

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