Tax Advice for US RE Investor Living Abroad

[Ben Breuner]

Hello,

My partner and I have invested in 3 rental units in Missouri. We're US citizens, not married. We're now looking to move abroad to Germany for 1-2 years to work as expats. I'm looking for advice on how to handle our tax situation, specifically with our rental properties, while we're abroad. I've tried researching the topic online, but our situation seems to be somewhat unique. 

Would love any advice or someone to connect with who would be knowledgeable about the nuances of both RE investing and taxes for US citizens living abroad. 

Thanks,

Ben

[Eamonn McElroy]

There are a few CPAs active on this sub-forum who have experience assisting expats.  Generally, as US Citizens you'll report your worldwide income, including the rentals.

You may have some unique filing obligations as expats.  FBAR, 8938s, foreign tax credits/foreign earned income exclusion are the most common.  Most CPAs who specialize in this area of taxation will be able to advise and handle.

You may want to connect with @Lance Lvovsky.  He is one such CPA.