In this case you may be eligible for a foreign tax credit and there may be treaty provisions that exempt some income.I would definitely seek a good tax adviser (familiar with international income tax issues) when or if you start to rent the property.

I see money taken away from me and used to pay for the medical care of elderly who did not plan for their own retirement health care.Now the government has gone so far as to tell me what size soft drink I can buy and force me to buy a private sector product and if I don't, I pay a penalty.You would think that a government this intrusive would at least protect it's International Borders, but they refuse to even do that.

utm_source=twitterfeed&utm_medium=twitterhttp://www.npr.org/blogs/money/2012/07/03/156222428/episode-384-the-little-lie-that-rocked-the-bankshttp://www.bloomberg.com/news/2012-02-15/libor-investigation-said-to-expose-collusion-lack-of-internal-controls.htmlhttp://www.thenation.com/article/168751/libor-crime-century#

I have a plumber cap the line internally usually where the inside turn off valve is located.

Sometimes you need to turn off all the electronics around you and take a day or two to "unwind".

Thanks for the introduction.Regarding your internal debate, I personally live here in LA and own properties out of state.

If you need more help, I can do detailed investment analysis for your buys that includes Internal Rate of Return on both pre and post tax basis.  

I decided to sign up for bigger pockets after going to a meetup.com session that the awesome J Martin organized.I'm renting a nice condo unit in downtown that is walking distance to my day job.I'm currently in a major decision point whether to buy a personal real estate in the suburbs (more affordable) but would lengthen my commute to an hour or use the cash to invest outside San Francisco or even out of state/international. 

Find a local investor willing to work with an intern.  

INTERNAL REVENUE SERVICE CIRCULAR 230, PROSPECTIVE INVESTORS ARE HEREBY NOTIFIED THAT: (A) ANY DISCUSSION OF U.S.