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Home Market Research Markets

What Many Americans Get Wrong About Overseas Investments

by TheAdviserMagazine
1 month ago
in Markets
Reading Time: 1 min read
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What Many Americans Get Wrong About Overseas Investments
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Americans are taxed on their worldwide income no matter where in the world they’re living. If you are American and you invest in a cash-flowing property overseas — even if you move to the location to manage your rental directly — you’ll have to file a tax return with the IRS annually. Nothing you can do about that … except be sure you understand the implications, the consequences…



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