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They are doing that here in Australia now!

1099 forms Does anyone have any experience with these 1099 forms. http://blogs.smartmoney.com/tax/2011/02/04/1099-hassles-for-rental-real-estate-owners/?mod=rss_

Just because the US has a large economy doesn't mean anything from an exchange rate view. Switzerland has a population of less than 8 Million but it's currency has appreciated some 30% over the US$ during the last 5 years. Although the current Australian government couldn't run a school tuck...

The US makes nothing and imports everything it consumes. Australia is a big quarry and exports iron ore, coal, uranium and bauxite like you wouldn't believe. As long as China keeps buying raw materials from us and the US keeps buying their goods from China then AUDUSD @ 1.3000 is a certainty.

For anyone thinking of buying those "good value" investment properties in Detroit have a look at these pics first:- http://www.guardian.co.uk/artanddesign/gallery/2011/jan/02/photography-detroit?picture=370173048

Here is an interesting list; it is the top 20 USA cities with the most underwater homes. You can guess the top one without reading the article. What astounded me was the percentage...

I read an article somewhere about U-Haul having a problem in LV because all their vans and trailers were going out of state and no-one was coming in leaving them short.

If you look at her picture on her home page I reckon it is worth paying the extra to get her email address! :D

What's wrong with the tea party?

The thing that worries me about buying in the states is that most of the municipalities and counties are virtually bankrupt. One of the ways they have of increasing revenue is to up property taxes. We have seen this happen in the UK and to a lesser extent here in Oz.

I think Emma should do her own seminars. I information I have learned here by reading this thread is invaluable. Imagine what I would learn if she did a one-day lecture session!

Emma - Do you have any concerns about title insurance? It seems that many of the title insurance companies are refusing to write cover where the property has been foreclosed.

CNN have cottoned onto this now:- http://money.cnn.com/2010/10/29/news/economy/australians_real_estate/index.htm