Thanks for the advice quickchick.

From what I have read, I agree, having the LLC in the state you are buying in makes more sense, so for me, thats a Tennessee LLC!
Interesting to see the mention above of Charlotte. That was the other market I was looking at. My concern there would be the current financial situation in relation to BofA etc. Not sure how much of an impact that may have on the Charlotte economy if things really do go south?

Great to hear of your DY success.
My wife and I are looking to purchase at the moment in both Atlanta and Nashville.
I've been talking to many Aussie and offshore brokers, but no one specialises in the Nashville market (that I can find), so we are attempting to do this ourselves also.

I'd be grateful if you or someone could answer the following, as I am getting a little stumped….

– Should we have the LLC set up prior to purchase?
– Are there any issues with having the LLC set up in GA, but to also purchase in TN, or vice versa?
– Can anyone recommend a reputable US firm to set the LLC up with, who might also be a tax agent?
– Property managers in Atlanta, any recomendations?
– The ITIN number. From what I understand, you cannot get this until after you have purchased? Do you actually need it still if you have and LLC with an EIN?

Thanks in advance….tried the US Embassy here in Canberra, called the IRS in Philadelphia (no help!), US business center in Sydney, and have been searching on the web for hours. Would be great if there was a step by step guide for DIY non resident purchasers!