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Updated over 5 years ago on . Most recent reply
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Mortgage for rental property in Italy
I am considering buying a small apartment in Rome, Italy. I am Italian and I am from Rome. My plan would be to rent it with AirBnB throughout the year and spend 1-2 months over summer with my family. The apartment is pretty small and in a very promising area (close to all the attractions and very well connected with public transport).
However, I have no idea how to fund this investment. Would you rather try to find a bank funding my investment in the US or in Italy (I am a US permanent resident with income only in the US but I am also an Italian citizen). Are there ways to get the necessary funding from a US bank for rental property abroad? Also, do you have any info on how taxation would work?
Thanks!