Dont forget 1042-s which applies to all foreign investors go to IRS.gov http://www.irs.gov/businesses/small/international/article/0,,id=129631,00.htmlAlso read up of "Tax Treaty" Between Aud and US and find your self a good account here and there.And with a llc you will be able to claim on your rehabb repairs/cots as a Individual you wont. US…[Read more]

Thats the money, If vacant its more$s  if tenanted less $s , if you own 4-5 properties you could deal better $s.