US Property Investment | SMSF Overseas Property | USA Property for SMSF

A popular strategy now is to use your SMSF to purchase property in the USA. You can do this with your SMSF.

The steps are to identify a property in the USA and you can use a buyers advocate to do this. Then set up a LLC and open up a bank account. Transfer funds from Australia to the USA bank account.

A property manager will receive rental income and deduct their fee and maintenance costs. The net rental will be deposited into your USA bank account.

A LLC is a flow-through vehicle for tax purposes. Some US states have taxes that is levied on a state level to the LLC. Any taxes paid in the US can be claimed back as a credit in Australia due to the double tax agreement between the US and Australia.

There are several examples of property promoters for US property. Do a Google search to identify properties. Popular areas to purchase property are:

Dallas, Texas

Memphis, Tennessee

Miami, Florida

Atlanta, Georgia