dlish

im looking at my options of buying some property back home, but currently the Aussie dollar is extremely strong compared to the US, and the US dollar doesnt seem to be anywhere near recovering now or in the near future.

since the currency im paid in is pegged to the US Dollar, and the fact that rates are extremely low, im looking at the idea of buying a property in the US. The US housing market is struggling, and im guessing there are some good buys out there.

since i know next to nothing about US tax laws, im hoping some of you can give me some insight on federal and state tax laws or things i need to consider if i intend on buying something there as a non citizen/non resident.

secondly, if i am going to buy something in the States, where do you people recommend buying? and where can i look for US properties.

if i was going to buy something it'd have to be somewhere warm or at least warm for a part of the year, since i currently live in a place where summers are at almost 50C and winters are low 20C.

i understand that ill need to talk to a broker or tax lawyer, so i know i need to do some more research, but i guess im looking for preliminary advice and pointers at this point in time.

what do you recommend?

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