Comparing US/UK Home Sale Gain Exclusions
In this blog, we compare the capital gain exclusions in the United States and the United Kingdom that are available for taxpayers selling a personal residence.
Read MoreForeign Real Estate
U.S. tax on foreign homes and property: selling a foreign residence, mortgage interest and home sale gain exclusions.
Deducting Mortgage Interest
This past week, the IRS offered guidance on its website on the new restrictions placed by the Tax Cuts and Jobs Act (“TCJA”) on the home mortgage interest deduction.
Read MoreSelling Your Foreign Residence
One of the more common issues that our clients face in their expat tax filings is determining the proper tax treatment of the sale of their personal residence abroad. The following are some of the…
Read More
