I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

You get your tax benefits.

Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?

Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes. 

One thing to add is that when you buy a new build, your PITI will likely not be factoring in the correct state tax number.

So, it would then potentially cost you a penalty for early withdrawl and also income tax owed on it.

BUT...if you're American and can still get loans in the US (the silver lining of having to still file US income taxes while living abroad), then why not use leverage?   

Once you file your 2nd year of tax returns, you may now be able to qualify for Agency Loans (FHA/Conventional).

If we sense there is a red flag, were asking them to upload additional documents like tax returns w2's etc.

The Big plus is the tax deductions they will be able to take as well!!!