Mel Whitney

Having to pay tax to the IRS after you already pay a high tax rate in your resident country is unpleasant. We get it. While we fight tooth and nail to ensure your tax position is optimized, sometimes there is no way to avoid paying tax. This may happen due to one of the following 10 reasons. You would owe tax if you have the most commo...

As a foreigner holding assets in the United States, you may actually be able to benefit from the investment atmosphere in the US. Leaving income-producing assets in the US may be advantageous for foreigners. If you are a foreigner who owns financial assets in the United States, you are not subject to the ca...

There is a section in the Internal Revenue Code that allows a sizeable exclusion from any profits realized by selling your primary home. In the Internal Revenue Code is ...

It’s not uncommon for US Expats living abroad to invest in property located in the United States.  If you’re a property investor, there are some available deductions of which you should be aware. When the housing sector turns into a buyers’ market, many US Expats take the opportunity to capitalize on invest...

If you are considering investing in US property, you may be interested in establishing a business structure to increase your privacy and protection against losses. US property values have – once again – taken a dive, and many US Expats are capitalizing on the market value downturn. If you are a US Expat inte...

It is possible to report a positive cash flow ‘on the books’ and still claim losses to reduce or eliminate your US income tax liability. You may have seen or heard about property owners paying little or no taxes on their property income while a positive cash flow was reported on their US income tax...