HI Stuey,

What is your reason for purchasing in Tampa Bay? Are you a first time investor? just interested in what your investment goals are

Jeff

Runway wrote:
I've been following this forum for quite some time now and have finally decided to post some observations with relation to the current US property market.A simple search on the internet shows there is no end of Australian property spruikers who claim there are endless opportunities in investing in the United States. Likewise, there…[Read more]

James2118 wrote:
Is anyone able to help me with a query I have. I am just trying to work out the structure and have a couple things I am not sure about, I have looked around the internet but sometimes that just provides too much information and you end up losing track of where you started.I and a couple friends have decided to invest in some US…[Read more]

Miniman wrote:
On the subject of HOA fees be wary.  Some suburbs with high foreclosures and vacancies are charging existing owners more to make up for lack of regular owners all paying what they normally would.

The whole area of HOA fees is not really understood here in Australia. You can be asked by the HOA to make a contribution to lets…[Read more]

Minimum,

Excellent email. I was in Orlando myself in January of this year and I did see a lot of homes & condo’s for sale, all looked good on the outside, on closer examination many were in a damaged condition. Prices were very low, but upon returning to Australia I did a lot of research into the Florida market, I found that the vacancy rates…[Read more]

onthemoney wrote:
These guys can assist you http://www.888usrealestate.com.au/

Zac,

I can only advise you to be careful dealing with 888 wealth.

Most Americans that have lost there homes there credit score is at a point that the banks will NOT lend them finance, so they cannot afford to purchase , they can however afford to rent, as this is the only option open to them, people have to live some were.

If this jenman character went onto Zillow he would see the mortgage calculator which does…[Read more]

Zac Sparrows wrote:
The more I read and research on investing in the U.S, the more I feel I need to know in regards to their tax system especially for foreign investors (Australia).I would like to find an accountant who knows the process, tax structures and all the legalities involved in entering this market to help me in my endeavours.Ideally…[Read more]

Interesting comments, I have to say that to go over to the USA and spend time looking at endless properties that is at the mercy of real estate agents that you don’t really know is to me madness.

I have personaly lived in the USA and have friends that are property developers that live in Florida, they showed me so many properties that one was…[Read more]

AnthonyDR wrote:
I am seriously considering investing in the USA to purchase for the main aim of obtaining high yield of at least 20%+ net. I believe it is obtainable and even better than this. Many such as Steve McNight, Robert Kiyosaki, Dolf De Roos, etc have all obtained this.

The US state I have come to the conclusion would be best to…[Read more]

weathjess wrote:
Hi All,I literally spent all of yesterday reading this topic from start to finish – FASCINATING!!!I am planning a trip to the US in April with the hope of buying a couple of properties myself and a couple through a SMSF. What are people's thoughts on Atlantic City……….prices seem really good, but looking at the future – I…[Read more]

Zita wrote:

jeff2investUSA wrote:
Hi Bevk, I think I may have emailed you before, I am investing in the USA and I sought advise from a US tax accountant that is based in Sydney, he is also an accountant familiar with Aussi tax laws as well, he advised me to set up a LLC for tax reasons, I needed to get an EIN to be able to open a bank account.…[Read more]

Stuart,

It can be confusing, from what my accountant has told me, that you can claim deductions in the USA , so when you pay your tx in the USA that is when your accountant claims the deductions

The rental income is taxed in the USA you can earn foreign tax credits because you payed tax in the USA, I have set up a business called…[Read more]

Hi Bevk,

I think I may have emailed you before, I am investing in the USA and I sought advise from a US tax accountant that is based in Sydney, he is also an accountant familiar with Aussi tax laws as well, he advised me to set up a LLC for tax reasons, I needed to get an EIN to be able to open a bank account.

I noticed on another forum that…[Read more]