Tax and finance · Reinvent NY glossary
A tax treaty is a bilateral agreement between two countries designed to prevent double taxation and define tax obligations for cross-border income. The US has tax treaties with approximately 65 countries including Japan, the UK, Germany, Canada, and South Korea. Treaties can reduce or eliminate withholding taxes on dividends (typically 15% instead of 30%), interest, and royalties. They may also determine which country has primary taxation rights on specific income types. Claiming treaty benefits requires filing Form 8833 with your US tax return.
The four states international buyers ask about most: New York up 5.2% on the year, California at a 4.22% yield, and what Texas and Florida really cost.
Indiana, Missouri and Ohio in 2026: state gains of 3-3.5% on the year with yields of 5.75-6.61%, and the secondary cities quietly outperforming the metros.
Baltimore in 2026: a $192,669 typical value, $1,799 rents and an 11.2% gross yield — the highest on the Northeast corridor, and what the price is telling you.
Ohio in 2026: a $251,502 state median up 3.5% on the year, with Cleveland at a 14.13% gross yield and Columbus at 6.96% — and what separates the two.
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