Anybody investing in Ireland?

[Jim Tiernan]

I recently acquired Irish citizenship (also a U.S. Citizen). I'd be interested to hear about any other U.S. Citizens who invest in Ireland. I'd be looking for cash flowing properties. 

Generally, how does it compare to investing here in the states? 

Do you put down a certain percent? Are there 30 year mortgages?

Are returns similar?

How is it taxed? Do profits get taxed on my U.S. Tax return? Would I file an Irish tax return (I'm assuming they have those). Or is it completely separate?

What kind of entity do you use? I would probably invest with my sister, who is also an Irish citizen.

Any info would help.....

Thanks!

Jim