I know I'm coming to this thread a bit late but as you probably know by now, foreigners (you don't look Thai) are prohibited from buying land in Thailand.  

We are a very international city, we lead the nation in percentage of jobs linked to foreign companies. 

That avoids any “foreign load” issues.

You will be subject to the publishing costs even if you create your LLC out-of-state and foreign file to do business in NY (ask me how I know that :P).The East Coast Real Estate Investment Association (REIA) meets near you in Levittown once a month, on either the 3rd or 4th Wednesday.

Does not lend to foreign nationals.

I see so many out of state and foreign investors buying in the wrong areas and then have problems. 

You could register the exiting LLC as a foreign entity to do business in the state should this circumstance arise.

CA 15 years ago.I looked at it like moving to a foreign country, but without all the pesky paperwork :).Welcome to BP.

In this case, if you paid foreign taxes on the gain, foreign tax credits and/or tax treaties may come into play to avoid double taxation.Hope it helps

Would the tax returns work as:There would be 1 return for the prop mgmt seriesThere would be 1 return for the "flip" seriesThere would be 1 return for the parent llc which contains individual property series and P/L get moved into my personal tax returnAll of this is foreign to me as I am just starting out, so would love some advice or books that can help.I live Chicago's west suburbs (lombard).