Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax.

There are over 1,000,000 foreigners that own property 30 miles to the coast or 50 miles to the border.

In general, travel for business(education, networking) is deductible if you are already in a trade or business(I.E. have a rental, flip).There are unique rules to deduct foreign travel costs.attendees may have a more difficult time writing off the cost of the trip if they add significant vacation days(no business) before or after the trip.However, you can plan properly to make the trip 100% deductible.

. - Hmm, I never really thought of "foreigners" from Chicago choosing to move to Franklin County, TN! 

@Pedro Adolfo Garcia first thing is to check with your country regarding rules and tax laws for investing outside the country.Next step would be to set up an LLC in the US then get your EIN and set up a bank account, preferably with one who will grant a loan to foreign corporations or investors.

I'm getting good at sniffing them out thanks to these common red flags: they often have a foreign accent, they can't meet in person, they are looking for a quick cash sale so they're okay with me listing it below comps, don't want a "For Sale" sign placed at the property, etc. 

But yeah, but for one, I don't think the agents I am in touch with are that helpful and geared toward working with investors or willing to share good deals with foreigners/people they don't know.Good to read that you're able to find adequate opportunities.

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

Only a few banks will lend to foreigners in Mexico and it's not as easy as in the US to qualify.

I can speak in Houston's case a few of the bigger winners are foreign investors and to them they are just needing to put the cash somewhere.