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.html Also 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 accountants wont tell you these things as its actually not there job to, Its a r/e attorney that gives that advice. There a different set of rules for foreign investor in the us compared to residents.
