Optimize taxes when selling property overseas

[Adam Kuszczak]

Hi,

I wanted to ask if anyone knows any tax strategies to optimize amount of tax paid on capital gains from selling property in Europe. There is no tax on gain from it in Europe, so I would be only subject to long term capital gain tax (15% or 20%). From what I read, 1031 is not possible when exchanging foreign to domestic (I would foreign to foreign, but that is not what I want).

Not looking for exact solution, just where to poke to find it. Maybe some weird strategy with moving it to Corp or sth. Yes, I will go talk to CPA, just need to find one that can handle it and not just first on the google maps.

Thank you