Germán Rimoldi
Tax Breaks Investing OVERSEAS
Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. Fo...
Konrad Wallerstein
is foreign tax credit allowed when US no taxable income in US
I have a few rentals in the USA (Florida) and in France. The tax systems are quite different. In France for furnished flats, for example, taxable income is 50% of gross income with no deductions allowed. Simple but...
Germán Rimoldi
Tax Breaks Investing OVERSEAS
Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. ...
Chaim Rosenstadt
foreign taxes schedule e
HIIf a us citizen living abroad owns rentals, and fills out schedule E, can foreign taxes on rent be considered part of the TAX expenses column/deducted?thanks
Peter Amico
Taxes on Puerto Rico sourced rental income
Hello. I've searched the forums and can't find this answer. I'm about to buy a 4 plex in Puerto Rico. What is the tax rate on rental income sourced in pr to a person who has primary residence in Florida? Is there a fo...
Ari Newman
ISO foreign tax advisor - Mexico
Can anyone recommend a tax attorney or CPA who is extremely knowledgeable with Mexican tax law? We are looking for specific information that relates to the taxation of inherited property and the sale of said property...
John Matarazzo
Out of country investor tax question
Hi, just wondering if someone can help me out who fits a similar tax scenario.- US Citizen residing outside of the USA, paying taxes in another country on global assets and owning a rental property in the USAThis is t...
Oren K.
Tax Considerations for Canadians
Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
Martingale Kim
Roll money from foreign retirement account into 401k rollover
I need to close my retirement account ( similar to 401k here ) in a foreign country. can I roll them into a 401k rollover account to postpone income tax?
Javier S.
purchasing rental property abroad (Costa Rica)
Hi,I live in the US but am interested in purchasing a Costa Rican rental (for rent and eventual sale) with my parents who are Costa Rican. They have done this before and they establish a company as a 'sociedad anoni...