Back when the dollar was at parity, many clients were utilizing equity in Aussie property to buy in the US.

For the purposes of this section, adjacent properties are those that abut the proposed Short-Term Rental Unit, those directly across the street or alley from the proposed Short-Term Rental Unit, and those that are diagonal across the street or alley from the proposed Short-Term Rental Unit.

We own the 4-unit diagonally to the rear of your Nov 2019 purchase. 

A 30 year fixed Rate Mortgage paid by the Tenants disappears in 30 years.Let's say you started a Company that's traded on the Stock Market and that Company bought 1 Property for $1.2 Million, took out a 30 year fixed rate $1 Million Mortgage on the property, broke even on the Cash flow.The Company issued 200k Shares.To Calculate the Current Share price it should be trading at parity, you take the Shareholder's Equity and divide it by the outstanding shares.The Shareholder's Equity is $1.2 Million minus the debt of $1 Million = $200k.

The boundary also cuts the edge of the house diagonally.4) The structure was just a cabin, and not a house, yet I was sold this house at about $60k more than what it should have been sold for,5) They underestimated the repair cost by over $20k.We requested for a permit to continue the renovation of the property but was denied due to the encroachments on the neighbor’s land as well as the extensive repairs involved.

You may want to calculate the parity in the interest that you would pay with what you would save to ensure you win with the deal.

We both understand and state this.The problem with an LP is that while cross border parity is achieved, the partnership will generally have exposure to IRC Sec 1446 withholding and the 8804/8805/8813 series of forms if non-resident aliens (NRAs) are involved.