Relocated Yank looking for some tax advice on USA property

Hi All

I relocated to Western Australia about three years ago for work. This year has been a whirlwind thus far, recieived my resdiency, got a new job, and bought a house all in 4 months. My partner (australian) and I purchased the house and are currently renovating it. We intend to live in it once the major work is finished.

We recieved our FHOG, but I also own a proprerty in Jupiter Florida (wish I sold it 3 years ago though!), the mortage is held with a US bank. I am losing my arse on it, renters are hard to come by and then so, noone has money and it is only covering 50% of the mortage but for most of the year it has been vacant. Thankfully, working in the resource industry has provided me with a bit of disposable income and maintain the property and not default.

I am about to do my Australian taxes for last financial and was wondering if I could use this property as a deduction? The accountant I have been using seems to think its all to hard and hasnt provided me with much more than a bill for our 30minute discussion. 

Does anyone know if it is possible to use an international investment property (with a mortage held in an international bank) as a tax deduction?  Or know of a CPA which may be able to help me?

Thanks in advance.

And feel free to drop us a line if anyone wants advice on investment properties along the eastern seaboard of the USA, Ive been to all the states along the coast many times.

Oh and stay out of Miami… its a dump. High crime rate and you'll need to be fluent in spanish!