How To Get Your EIN In 2 Hours To Purchase U.S.A. Real Estate
- Author
- Scott Dillingham
- Published
- Tue 31 Dec 2024
- Episode Link
- None
In this episode, Scott Dillingham reveals an innovative solution for foreign investors to obtain U.S. Employer Identification Numbers (EINs) in just two hours, dramatically reducing the typical 4-8 week waiting period for entity setup when purchasing U.S. real estate.
Key Timestamps:
[0:00] Background
- Entity setup challenges
- Importance of proper structure
- Common investor roadblocks
[4:30] Entity Benefits
- Tax implications
- Liability protection
- Lender access
[8:45] Rapid ITIN Process
- 2-hour setup
- Pre-registered entities
- Cost structure
[12:30] Implementation Details
- Entity naming/transfer
- State considerations
- Credit building options
Key Points:
1. Service Features
- Pre-registered entity inventory
- 2-hour ITIN assignment
- No fee for mortgage clients
- Flexible entity naming/transfer
2. Setup Benefits
- Avoid double taxation
- Enhanced liability protection
- Better lending options
- Faster property acquisition
3. Next Steps
- Entity selection
- Credit building strategy
- State-specific planning
Contact Information:
LendCity
Important Tips:
- Consult tax professionals
- Consider credit building
- Review state requirements
- Plan entity structure
- Act quickly on properties
