I noticed you are from "Outside the U.S." If you would like to explore your options on how to minimize your US tax liability that comes with foreign ownership of investment real estate (I am making the presumption that you are not a US citizen), you may want to look at the benefits financing your upcoming Paradise Valley acquisition.
I work for a mortgage bank that is just next door to Paradise Valley, in Scottsdale, AZ. We recently launched a new Investment Property loan program for Foreign Nationals, including of course, Aussie's & Canadians. We do NOT require a US Social Security card, a US credit score, US income, or US Tax Returns, yet we have an outlet for this type of loan.
Please feel free to contact me as I'd be happy to answer any questions you have on the subject.
All the best,
Roswell Moore, CMPS
Certified Mortgage Planner
We are a Direct Lender, Mortgage Bank where we originate, process, underwrite and fund FHA, 203k, VA, USDA, Jumbo, Conventional, loans to Canadians, Australians & other Foreign Nationals, on time. NMLS ID 263779 | AZ BK 0903725