Also, I don't know if it would be worth it from a liability perspective either, but would advise to chat with an insurance pro/legal pro.When purchasing a primary residence, conventional loan guidelines will require you to take down the property in your personal name.When it comes to taxes, you'll likely be able to take the standard deduction AND itemize Interest, Taxes, Insurance, Depreciation, and expenses prorated based off the rented portion of the property when reporting the 1040 along with W2 income.

I know the IRS asks about entity vs personal members and if they're foreign or not specifically on the 1065 and other tax forms. 

@Tinia JamesIf you receive a 1099 showing income from one of your deals, you have to file a Schedule C to report that income.

In that situation, I personally would not be investing in direct real estate at all.If I wanted exposure to a foreign real estate market, I would invest passively and hire a manager that has years more experience than I could ever hope to gain, and whose job is to supervise and watch everything and make sure that it goes well.Just my $0.02.And whatever you decide to do: good luck.

Ive had to report a few to the attorney general.

Title report, confirm utilities and zoning etc. 

No one I know is going anywhere to report their loss so you can research it.

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.

Set clear expectations with them upfront—weekly reports with photos, videos, or virtual walkthroughs work well.

Very brief summary of article: CTA has a issued a nationwide Stay on the January 1, 2025 deadline for beneficial ownership reporting to the (Federal) Financial Crimes Enforcement Network (FinCEN).