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Thanks but one clarification...you said if my mother is the only owner than I dont need to report it to IRS....I think we need to report that rental income even if my mother is the only owner because she is also US resident now as of now....but may be we can avoid that because even including...

I am US citizen and my other has recently became US resident in December 2013 and we are planning to buy a small apartment in Ahmadabad India for investment purpose and than going to rent it out ... Should I get an OCI card(I have not applied for it yet) and buy it in my name only (as I...