re: Home in Belgium tax question

I know and I get it. But owning something in South America and the Carribean is a lot different then Europe most likely. There’s some posters that have lived in Europe or still do so they may have some experience.

I’d suggest looking up apt leasing companies/ vacation rental companies. And get their feed back.

Something to consider is just because your BIL will sell you something at a good price doesn’t mean the ROI is going to make sense over something that’s more expensive. I see this all the time; people buying a vacation rental for a certain reason like price, location to them, etc and the rental numbers not making sense over something of equal value elsewhere.

ETA: I’m by no means saying this is suspicious, but I’d double check the prices for other homes. I like my family but I would never give them a business deal ‘at cost’ for something like $200,000 deal. Maybe he is still making 10% and not 20% or whatever? Again not accusing him of anything, just be damn careful this isnt being done for something like apt sales have tanked and he needs to move inventory quickly.