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Updated about 5 years ago on .
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Tax tips for American investors living abroad
Hi Everyone, I am a noob here and new to investing in real estate as well. I am currently living in Israel (dual citizenship), so I am required to report taxes to the US and Israel. I was thinking of buying real estate in Europe and having a property management company take care of it. However, I am unsure what this means regarding taxes. Do I need to report/file/pay in both countries? This is super confusing, and I was thinking of just getting my first property in the US to simplify things. However, prices abroad are much cheaper and I don't have a ton of money to work with as I am just getting started.
Thanks in advance and I appreciate any help I can get.