Foreign US rental income when living in Japan

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bonster
Posts: 3
Joined: Wed May 29, 2013 5:42 pm

Foreign US rental income when living in Japan

Post by bonster » Wed Nov 15, 2017 11:48 am

Hi, I am a permanent resident of Japan and currently receive commercial rental income through an LLC in America.

Does anyone have information or experience with using an LLC, S corp, C corp etc. for similar situations?

My understanding that rental income from abroad is taxable for permanent residents in Japan even if it isn't remitted to Japan, so I'm trying to find tax efficient ways to keep this income separate from income that must be declared in Japan.

I realize this may not be a simple question, but if anyone could share any information or references for a good tax profession who has experience in this field it would be greatly appreciated.


Thanks,
Bonnie

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