Hi Afloat

I get the impression that you have invested in the US ?? I worked in Phoenix a couple of years ago so now a few good areas showing good appreciation and low vacancy. So if your showing a rental income in the US….do you have to register as a taxpayer in the US and complete tax returns ?
Hi Peter,

From my experience, go to the area and spend time finding out these things. Look at the implications of being a foreign landlord unless you already live or want to live there. Take time to find accountant, solicitor, broker etc. Make sure that they are aware of “your” situation, where your domiciled, reside, and investing structure.

Once these professionals know your position they will then be able to best advise you.

Then talk to your local accountant/solicitor/broker etc and go through your new position.

I found it is very much similiar to purchasing in Aust, do your homework, ask heaps of questions to the right people, then take action when your are comfortable with the situation.

Regards

afloat

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