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Updated almost 17 years ago on . Most recent reply

Rida Vulic's profile image
Rida Vulic's profile image
Rida Vulic
  • Real Estate Investor
  • from Chicago, IL
  • Member since Feb 13, 2008
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Rida Vulic's profile image
Rida Vulic's profile image
Rida Vulic
  • Real Estate Investor
  • from Chicago, IL
  • Member since Feb 13, 2008
Connect
Rida Vulic
  • Real Estate Investor
  • Chicago, IL
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General Real Estate Investing

Taxes

Rida Vulic
  • Real Estate Investor
  • Chicago, IL
Posted

I am a US citizen living abroad for almost ten years now. I am planning to buy property as an investment in Chicago. My question (amoung many) is whether or not I am able to claim non resident and get a cut on the tax. Also, I would like to make a cash purchase and avoid loans and mortgages, if I bring in a substantial amount of money to my US account with verification that I have sold my property abroad, will I be taxed on that money as well.
Thank you in advance for any suggestions and help.

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