@Kim Porciuncula we manage almost 700 doors, around 100 of them S8 and have clients from 11 different countries.You'll probably also need assistance with setting up an ITIN, Michigan LLC, corresponding EIN and opening a USA bank account - we have a tax attorney that can handle all that.PM us for additional assistance.

The basis could be the price their sister in law sold her house for 3,000 miles away; the amount of principal, interest, taxes, insurance, and repairs they put in (known as “make me whole”), an amount that makes clear they are not to be trifled with (“I won’t give it away!”)

Good luck and Happy Bidding.https://www.tax.newmexico.gov/businesses/property-tax-overvi...

So not sure if this makes any differences for tax reason buti was thinking of using my 401k money as a loan towards the down payment for a multifamily rental.

Hello,I can share with you that in Belgium you need to hold property after 5 years of holding to avoid payment of tax.

Figure out if rentals are allowed, how much the rent is and write out all of your costs (insurance, HOA, mortgage, taxes, etc). 

Prices are generally cheaper, there are no caps on rent increases and there are no property transfer taxes.

If I am the only one materially participating in STR, can we deduct STR depreciation from my spouse's income if we file taxes jointly?

Fix and flips, tax liens, mortgage notes,  rentals,  Airbnbs?

We have land (already paid off and just pay property taxes) but just haven't bought the home to place on our property.