急! 请教如何从中国向美国汇大钱?

It will become your income, you have to pay income tax if you are citizen or green card holder. It is better to use Power of Attorney and let them wire money to settling law firm directly and the house title are them and not you. No tax issue at this point.

Later on, the income generated by the house will be taxed on them. You can use POA to file the tax for them.

Thank you so very much! ! !

回 20楼(游客) 的帖子

To set the POA document, shouldn't the owner and the agent (POA) both be present to have th esignature notorized? If so, this is done typically on US soil, how can 楼主的中国大陆亲戚 do this?

Also, if 楼主的中国大陆亲戚 does not have a social security number or anyother tax identity, can he still buy properties in the US?

Other visitors please respond if you can. Thanks.

you do not have to be there for your relative's POA. Google internet for a sample and mail one them.

use general POA or at least general financial POA to represent your relative in buying/selling/renting/... real property.

Later on, use POA to apply a Tax ID for your relative.

Use this general POA to represent your relative interesting in US.

Give a shot. I do not think POA will work.
Think about it. You can create a POA and sign for your relative, and apply for TIN.
If so simple, what stop you from create 10 TINs and put on your tax return as dependents ?
You shall talk to a tax attoney (not CPA) to see how to handle. This is serious matter.
You already have a large amount of income from overseas, how to explain to IRS as not taxable?
Can you prove it's gift not income ?

Please report back the solution. I am very curious.
Good luck.

To #24:

Your doubt about the validity of POA for buying properties makes sense, but not as related to claiming your relatives as dependents on your tax return, these are two totally different things, having a ITIN is only one of many conditions to claim someone as your dependent, albeit a minor one, in deed.

The real issue here is the tax liability for you to receive this large amount of cash wired to your account from oversees - whether it is wired to your personal or business account - does it make a big difference in your tax liability? I am curious for answers too!

use POA to apply a Tax ID for your relatives, you use POA to file tax return for them if there is income from the property. since those are their income and not yours. Not as dependents on your tax return.

From my personal experience, 22楼 is correct. To set the POA document, the foreigner owner and the agent (POA) both need to be presented to have the signature notarized right front of bank personnel. Then, owner (in this case, is your relative) can open an checking account at that bank with POA's name attaches to the account (but clearly marked as POA). The POA's SS# might be required, but will not have any tax burden on POA at all, since the money is not belonging to POA, the POA is just a person takes care the money for that owner in this bank.  Later, a W8 form, for tax purpose (since your relative is not a US citizen, any income from this account, such as interest, will need to be reported to your relative's country), will be mail to POA in US address. You'll need to fill the blank and have your relative sign it and date it, then mail it back to the bank. Normally, one W8 should be worked for 3 years, after 3 years, bank will need the form refill to make sure nothing has been changed. With this account in this bank, your relative can wire money to US very safely (there will be a bank charge and wiring fee involved every time a wire happen). You can also wire the money to your relative through this account. You can even write a check to pay for the property that your relative purchased. You can do what ever you want to those money in that account because your relative authorizes you to handle the fund. That is why a POA need to be a person extremely trust worth by owner.
And "Yes", a foreigner can purchase a property w/o SS# and Tax ID (I don't know the exactly detail procedure, but several my graduate classmates did so and they are the foreigner, w/o SS# and Tax ID at that time), but normally will need to pay 100% cash for the property, don't think US bank will approve a loan for you.

weiqi

注册一个LLC， 然后叫家人把钱打入这个公司，以后以这个公司的名义买房，成吗？

引用第29楼weiqi于2011-03-11 15:25发表的  :
注册一个LLC， 然后叫家人把钱打入这个公司，以后以这个公司的名义买房，成吗？

然后叫国内家人的国内公司把钱打入你这个美国公司， 这样没有5万美元的限制