Market Info & Updates plus IRS info for 2022 & Foreign Citizens
Market Reports for The Villages
These monthly reports are by cities and provide information on the number of listings, sales, average sale price and much more about real estate stats in your Village of interest
If you would like to receive monthly updates on your property value or receive any of our monthly reports, I would be happy to send them to you. Call/text or contact me at Joy 760.702.4657 or Joy@JoyFarenden.com
IRS guidelines for Foreign Citizens purchasing a home in the US
Interesting updates for Foreign Citizens purchasing homes in the US.
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IRS provides tax inflation adjustments for 2022
IRS provides updated tax inflation adjustments for tax years 2022.
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Foreign Income and Tax Reporting Issues
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Article Highlights:
Non-Resident Alien Spouse
Foreign Rentals
Foreign Pensions
Foreign Income Exclusion
FBAR
Statement of Specified Foreign Financial Assets
Credit of Foreign Tax Paid
Canadian Registered Retirement Savings & Income Plans
Reporting Receipt of Foreign Gifts or Bequests
Reporting Ownership or Transactions with Foreign Trusts
Annual Information Return for Foreign Trust with U.S. Owner
Ownership or Voting Power in Foreign Corporation
Anymore, we have a worldwide economy and with that comes a variety of tax issues. Some of these may be relevant to you. The following issues, some of which you may not be aware of, apply to individuals. In addition, some are subject to severe penalties when not complied with.