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Owning Real Estate Property Overseas: 9 Key U.S. Tax Issues

Summary by Virginia - US TAX TALK
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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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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Virginia - US TAX TALK broke the news in on Thursday, February 13, 2025.
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