I entered the country legally but had overstayed since I was out of status. I don't have a SSN. Now my family wants to buy a house in the States for investment also for me to live. Supposedly it will be paid in cash. I am wondering if the house can be on my name? Will it cause me some tax problems? Or it's better they buy it under their names? (They aren't American, nor do they live in the States.) What documents are needed to purchase real estate as a foreigner?
Consult with a local real etate attorney. However, you may want to consider what will happen to your property if you are deported? If you do intend to hold title, you should have a power of attorney in place with someone who does have legal status in the United States, to step in and have the ability to undertake financial transactions related to the property; if you were to be deported.
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