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I visited US last year, found a decent property manager. Bought several cheap houses that have been rehabbed under her supervision, tenants found before work completed. However, the tax side is a nightmare. I was advised to put houses in an LLC, did that, now I am informed that, I will be taxed in Aust, as well as US because they consider I am living here and managing the Company from here. Plenty of accountants in US do not understand tax treaty with Aus and why should they. Likewise there are a few US trained accountants here that know both sets of rules. Some also do US tax returns from here.
How do I find one that knows both countries' tax rules and can give good plain advice, without me worrying that I will get a $50K tax bill 3 years later, all because sometime didn't tick the right box now.I am not sure if I have posted this in the right section, I have just joined up. Can anyone can help point me in the right direction?????????