All Forum Posts by: John Sharpe

Hello Sridhar, 

I'm selling an investment condo in the Czech Republic and was hoping to bring that money home to the U.S. to buy an investment condo in the U.S., but the rules don't allow exchanging a foreign property for a U.S. one.  Seems counterproductive from the U.S. investment point of view, but I guess there's nothing I can do except write a big check to the IRS for the capital gain and start over with what's leftover.