I'm thinking of investing in the Irvine real estate market in the US, but I don't know how to pay the taxes.

[pk]

@metu   Namaste ji

Before one can answer 

(a) Are you US person ( citizen/GreenCard/Resident for tax purposes )?  If yes, you are taxed on your world income, file on form 1040, rental income reported on Schedule-E.  If not , then you are taxed a NRA, file on form 1040-NR -- you are  taxed on your US sourced/connected  income. Your rental income is passive but US sourced.  Also the state ( CA?) would want a cut.

(b) Are you planning of buying  housing only for purposes of income or you plan to use as own home.  Note there is at least a 1/4 point penalty for  rental property mortgage.

(c) If buying residential property, are you proposing use of entity (  SMLLC, Partnership etc. ) or under your own name ?

(d) if you are a US citizen or GreenCard, which country are you a citizen of ?

(e) Real question here is what are you trying to achieve ?

I will circle back once I hear from you --yes ?

Namaste ji