As many of us are tempted by property ownership outside of the United States, the question about tax treatment of real estate owned overseas often comes up. Whether the property is a vacation home or rental property, the tax benefits are similar to owning a home. Below is an article which explains this question which we receive frequently.
U.S. Tax Treatment On Real Estate Overseas – Investopedia
If you would like assistance with the tax treatment of your real estate properties, call Andrew Brody CPA JD at 305-231-2150.
Canner Brody and Yan CPA’s has been trusted in South Florida for over 65 years. Real estate tax and international tax are specialties of our firm. We have offices in Downtown Miami on Brickell Avenue and Miami Lakes.