Owners living abroad
Renting out a Miami condo while living abroad.
Distance makes responsibilities and communication especially important. Establish access, required documents, approval authority and the arrangements after move-in before the condo is marketed.
Discuss My Miami CondoStart with one property brief.
Record the building and unit number, ownership or representation status, layout, condition, furnishings, parking, current occupancy and preferred availability. Add photographs and current association requirements if available. Identify who holds keys and who can provide access for photography, repairs, showings and a walkthrough.
If an entity owns the condo or someone will sign on the owner’s behalf, confirm the required authority and documents with the professionals handling the transaction. Do not assume that a family relationship or an informal email is enough.
Agree who decides, who coordinates and who signs.
Choose the owner’s main contact, preferred language, time zone and a reliable way to approve decisions. Identify which matters need express approval: the asking rent, a negotiated term, a repair expense or a change in availability. Confirm how documents will be reviewed and signed before a deadline becomes urgent.
- Owner or authorized representative: objectives, approvals, rental decisions and required signatures.
- Leasing agent: the pricing, marketing, application and lease coordination work in the agreed brokerage scope.
- Association: its requirements, review process and building access arrangements.
- Tax, legal and banking advisers: questions within their respective professional roles.
- Ongoing local contact: rent, maintenance and tenant issues under a separately agreed arrangement.
Set the rental strategy using comparable evidence.
Ask for the evidence behind the suggested rent and the assumptions about condition, furnishings, lease term and availability. A past portfolio rental or an online city average is not a current valuation of your unit. The pricing guide explains what to compare.
Coordinate showing access and application timing with the building. Review the leasing checklist so that approvals, signed documents, funds and handover steps are addressed together.
Arrange responsibilities after the lease starts.
Decide how rent will be received, who handles maintenance requests, how urgent issues are addressed and how expenses and documents are recorded. If the unit is furnished, retain an inventory and condition record. For a vacant period, clarify access and any property-care arrangements separately.
The service described on this website is leasing representation. Full ongoing management, rent collection and maintenance coordination are not included by default. Raise those needs before engagement so the required arrangements can be discussed.
Tax identification and advice for nonresident owners.
Ask a U.S. tax adviser familiar with nonresident owners about your identification, reporting and withholding obligations. Ownership structure and tax residency matter; living abroad alone does not establish your U.S. tax status.
U.S. rental income of a nonresident alien that is not effectively connected with a U.S. trade or business is generally subject to 30% tax on gross income, or a lower treaty rate. An eligible owner may elect under section 871(d) to treat qualifying income as effectively connected and claim allowable deductions. The election and Form W-8ECI have different functions; the form alone does not make the election. Have your adviser handle the filings and withholding instructions.
Selling raises separate tax and possible FIRPTA withholding questions. Ask your adviser to review the rules and exceptions for the specific sale before setting expectations about net proceeds.
Reference: IRS guidance for nonresident owners of U.S. real property. Checked October 30, 2026. This guide is not tax or legal advice.
Banking, records and communication.
Confirm payment arrangements, bank requirements and transfer costs with your bank and advisers. Verify new or changed payment instructions through a trusted channel before transferring funds. Keep the signed lease, association correspondence, handover record and expense documents accessible to the appropriate people.
For an initial inquiry, send the basic property details and preferred timing. Do not send bank credentials, identity documents or tenant applications through the public inquiry form.
Discuss the project in English or French.
Raphael Sitruk works with The Corcoran Group in Miami and New York and speaks English and French. See the condo leasing service or the French-language service page. If you might sell later, discuss the rental and sale options before selecting a lease term.
Make the next step specific to your property.
Share the address, your relationship to the property, your timing and whether you want to rent, sell or compare both options.
Discuss My Miami Condo