Lenders earn no depreciation and actually its worse because the interest you earn is taxed at ordinary income rates.

The lender might balk at the thought of a brand new LLC (with no assets or income) suddenly becoming its borrower. 

The deduction is limited to 80% of taxable income in the carryforward year.Apply the NOL Against Taxable Income: Use the NOL to reduce your taxable income in 2023.

You can buy properties in fortaleza by having a CPF, there's even a bank called "Caixa" which allows brazilians living abroad to buy properties showing the income from overseas.

So besides penciling income/expenses and profit/loss, I would also be looking for comparable sales to justify your purchase price. 

When working out the money side, remember this formula: Cash on Cash Return = (Annual Rental Income - Annual Expenses (including HELOC interest)) / Total Cash InvestmentExample:HELOC Used for Down Payment: $50,000HELOC Interest Rate: 6% (This can vary)Annual HELOC Interest Expense: $50,000 x 6% = $3,000

I always use property management, and until I have better data, ill always model expense + rent loss + cap ex at 50% of gross rents. 

You cant not garnish social service income.

Better income, less turnover, and less government intervention is my kind of business :)

What's the best way to track your property income/expenses for tax purposes?