Invest in Florida rental property from Germany.
German investors tend to buy for the long hold, which is exactly how Florida rental property works best. The treaty position between the two countries is well established.
Why German buyers look at Florida.
New residents yearly
Florida has ranked as the top state for domestic migration for three consecutive years, adding more than 300,000 new residents a year. Every one of them needs somewhere to live, and most rent before they buy.
No state income tax
Florida charges no state income tax on rental income. Over a multi-year hold, that difference compounds against states with higher taxes, which is a large part of why people move to Florida in the first place.
The price range that works best
Florida still has a deep stock of single and multi-family properties between $150,000 and $300,000, where the rent-to-price ratios make sense, and where a first property does not demand a fortune.
What is different when you buy from Germany.
These are the points that come up in every conversation with German owners. We flag them early so nothing surprises you later, and we work alongside your accountant on the detail.
Withholding when you sell
When a foreign owner sells a property, a portion of the sale price is generally withheld for the IRS and credited against what is actually owed. It affects your cash at closing, so plan for it early.
Income and estate treaties both exist
Germany and the United States have both an income tax treaty and an estate tax treaty, which together shape how rental income and U.S. situs assets are treated. Your Steuerberater should confirm how they apply to you.
Filing at home
German residents are taxed on worldwide income, so U.S. rental income is reportable, generally with credit for U.S. tax paid. We provide the monthly and annual statements your advisor needs.
Income in dollars
Rent is collected in dollars against a euro cost base. That is a currency position as much as a property one, and worth taking deliberately.
Rentalogic is not a tax or legal advisor. The points above are the topics to raise with your own accountant, not advice on how they apply to you.
How it works from here.
Your U.S. structure
We form your LLC in Florida and, if you need one, help open a U.S. bank account. No residency or visa is required.
The property
You set the criteria. Certified partner brokers search against it and bring you options, you decide which one to buy, and we coordinate the negotiation and closing.
Rented and reporting
Tenants, rent collection, maintenance and monthly statements, with disbursements to your bank account.
Questions from German owners.
No. The LLC, the purchase and the management run the same way. What differs is the reporting at home and the treaty position.
No. Everything runs remotely and you approve the property before closing.
Yes, and the management fee decreases as your portfolio grows.
Investing from somewhere else.
We work the same way from every country on this list. Pick yours to see what changes and what does not.
Let’s get started.
Tell us your budget and your goal. We come back with a plan, the numbers, and the exact costs.