International RE Investing for STRs - Tax Implications

[Ian Eynck]

Hey BP gang, I am a US Citizen who is looking to invest in EU property. Specifically I am interested in STR/ Vacation rentals in Europe. I know the tax benefits that US RE investors can take advantage of when investing locally when investing in STRs specifically using Reg. Section 1.469-1T(e)(3)(ii)(A), to reduce taxes directly from my w2 income, since running an STR is considered "active income" 

1- Am I able to use  Reg. Section 1.469-1T(e)(3)(ii)(A) in the same way on an international investment property? 

2- Can anyone recommend a good International Tax professional? Ideally with knowledge in the EU market? 

This will be my first RE investment so I am weighing the Pros/Cons of investing in International Real Estate. 

Resources: 
https://www.therealestatecpa.c...

[John Malone]

@Ian Eynck we work with a lot of international investors. One thing to keep in mind is you cannot utilize bonus depreciation on foreign rental properties