All Topics / Legal & Accounting / Capital gains on foreign property?

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  • Profile photo of schawelschawel
    Member
    @schawel
    Join Date: 2005
    Post Count: 6

    Paying capital gains tax on a foreign property?…Does anyone have any experience with this? If i live and reside in the US and bought a house in let’s say Turkey…would I be responsible for capital gains tax..IF SO, is there a way around it?

    http://www.tripinturkey.com

    Profile photo of MonopolyMonopoly
    Member
    @monopoly
    Join Date: 2004
    Post Count: 1,612

    Check with US and/or Turkey tax authorities. [blink]

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