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Mortgage for house abroad

Mortgage for house abroad


Generally speaking, the purchase of property (foreign or domestic) generally needs not be reported on your US expat taxes, unless there is some sort of Homebuyer’s Credit in place for the related year. When a US citizen’s primary residence is sold, however, the resulting gain or loss will need to be reported on Schedule D of the taxpayer’s US expat taxes. For this reason, it’s…


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