Originally posted by @Wai Hong Wong:Could we use real estate loss to offset W2 wages income tax?

If it is in Hong Kong you could buy 10% of Detroit for the price of that one house.

I read an article recently on Globe and Mail where it says that because of the bad political situation in Hong Kong, The investors are looking at luxury real estate in Toronto and Suburbans.

@Keetaek Hong I agree with @James Parrish about finding a company that will provide an engineer based "quality" cost segregation study that will hold up in an audit.

A collateral advantage of international investing is that it provides diversification to your portfolio.If you want to get capital gains, you'd invest in places like London, Paris, Hong Kong, Singapore or Sydney but you'll get negative cash flow.

The top ten list also included New York City, Hong Kong, Dubai, Singapore, Washington, D.C., Geneva, Switzerland, Sydney, Australia, Zurich Switzerland, and finally, Los Angeles.

Jimmy Hong - thanks Jimmy!!

Hi @Hong ZhuI am an agent in Myrtle Beach and I own oceanfront condo's in Myrtle Beach.

Hey @Ji Hong, I don't have a solution, but I will note that I am running into the same issue.

The pattern of property valuation being disjointed from underlaying economic principals is neither novel, nor unprecedented ... many cities have such periods ... some, like Sydney and Hong Kong still are.