US EditionOwning Real Estate Property Overseas: 9 Key U.S. Tax Issues
Summary by Virginia - US TAX TALK
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Owning Real Estate Property Overseas: 9 Key U.S. Tax Issues
Purchasing or owning real estate property overseas can be an exciting investment opportunity, but for U.S. persons, it comes with significant tax and reporting obligations. Foreign persons becoming U.S. tax residents (e.g., obtaining a green card) may already own overseas properties and should be aware of the U.S. tax issues they will face at the all-important residency starting date. Here are 9 key points U.S. taxpayers should consider when buy…
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