Feb 11
Real Estate Investing and Proper Tax Planning Essential To Success
Tax Planning Can Save You Thousands No Comments »
Selling a residence in the U.K. is a tax free event. However, in the U.S., buying and selling a residence or home is complex and heavily taxed to Non-Resident Foreign Individuals if not well thought out and plans implemented prior to any purchase. Taxes can run as high as 40% of your gross sales price and substantial penalties for failing to make complicated filings with the State and Federal Government. Competent legal help can make this whole process easy and affordable. Contact Mike Ten Eyck at mteneyck@reww.com for more information.