Portland city council is unpredictable and can reduce your property value in one single council session.

Old real estate agents who have huge personal good-old-boy and girl networks to draw on, membership in the local social organizations, maybe did a stint on a local school board or a municipal council, that kind of thing.Especially when it comes to buying local rental properties, you can't do better than old landlords who only own one or two urban residential duplexes that they inherited from Daddy way back when, places that have provided them just an ever-dwindling bit of rental income all their lives in exchange for a bit of hands-on maintenance.

Marys-Palatka, FL-GA </td> <td> 1,573,606 </td> <td> 7.01% </td> </tr> <tr> <td> 22 </td> <td> San Jose-San Francisco-Oakland, CA </td> <td> 8,713,914 </td> <td> 6.87% </td> </tr> <tr> <td> 23 </td> <td> Portland-Vancouver-Salem, OR-WA </td> <td> 3,110,906 </td> <td> 6.49% </td> </tr> <tr> <td> 24 </td> <td> Washington-Baltimore-Arlington, DC-MD-VA-WV-PA </td> <td> 9,625,360 </td> <td> 6.33% </td> </tr> <tr> <td> 25 </td> <td> New Orleans-Metairie-Hammond, LA-MS </td> <td> 1,493,205 </td> <td> 5.60% </td> </tr> <tr> <td> 26 </td> <td> Omaha-Council Bluffs-Fremont, NE-IA </td> <td> 952,018 </td> <td> 5.54% </td> </tr> <tr> <td> 27 </td> <td> Sacramento-Roseville, CA </td> <td> 2,544,026 </td> <td> 5.35% </td> </tr> <tr> <td> 28 </td> <td> Lexington-Fayette Richmond Frankfort, KY </td> <td> 723,849 </td> <td> 5.34% </td> </tr> <tr> <td> 29 </td> <td> Columbus-Marion-Zanesville, OH </td> <td> 2,424,831 </td> <td> 5.04% </td> </tr> </table>It should be noted that a 5 year evolution is enough to show a trend.

The IRS published a Chief Council Advice regarding this matter:https://www.irs.gov/pub/irs-wd/201504010.pdf

Last meeting I went to council was not in favor with how the legislation is written and wanted to make the public more involved, more meetings, more access for those who work during the day, better meeting places and get people involved with groups in each sector of Toledo.

@Howard Barrett hi, I am British/American (Birmingham to Denver in '93), but now I am in Coimbra.

I would say normally a Sabour rattler from legal council will get them moving. 

Just over the county line (El Dorado) and the stateline in Nevada you will find less barriers to entry, but our city council has indicated that other communities around the lake are looking towards the city and the decisions it makes regarding VHRs as a starting point.

George, the number of firms in an industry depends upon the demand for the final "product" (we don't have many typewriter repair shops anymore ... no demand) and the barriers to entry into that industry, either economic (large capital requirements) or regulatory (charter requirement).Generally speaking, as the number of firms decreases, competition also declines and the consumers of that industry's product pay higher prices for lower quantities.I would LOVE to have the only gas station in town and persuade the town council that I alone can safely deliver gasoline without risk of spills or explosions.

Also, is there potential to avoid the withholding by owning the property through an LLC which in turn is wholly owned by another foreign (likely British) company?