What I’m really intrigued on doing is getting a short term rental, mainly because of long term appreciation and I can depreciate the first year and potentially reduce my other businesses income so there would be a tax savings there on top of some monthly income coming in.

This ends up $2K on Line 26 to pay tax.  

Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?

In order to defer all tax in a 1031 you must purchase at least as much real estate as you sold. 

4th lowest property taxes, no state income tax, landlord friendly, close to Utah, tech and manufacturing job growth.

The determining factors on which markets to consider investing include: a stable and diverse economy, low property taxes, landlord friendly laws, job growth, population growth and a business friendly climate.

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

District of New Jersey | Leader of Real Estate Investment Firm Admits Role in $658 Million Ponzi Scheme and Multimillion-Dollar Tax Evasion Conspiracy | United States Department of Justice

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

Other question, if it’s a secured credit card, which bank would you recommend that are foreigners friendly.Thanks in advance,Francis