Foreign National Selling the USA based Property/receiving US Property Rental Income

 

Jackie is a Singapore Citizen brought a US Property in Florida in the year 2015 and have been renting out the property for 3 years, he was not aware of the ITIN requirement to declare his US rental income on 1040NR tax and later when he sold the property in 2018. The Escrow team withheld FRIPTA tax of 15% (on Form 8288A) on the gross sale proceeds, which could be haven avoided.

Our team helped Jackie to obtain ITIN first and later assisted with the 1040NR filing to claim back the refund.

Please refer to the FIRPTA tax video (Home Page) for more information on this topic.

CONTACT INFO

QUICK LINKS

MAIN FEATURES

NEWSLETTER

U.K Office Premises :
Tax And Accounting Hub Hallings Wharf Studio Office 1A Cam Road,
London, E15 2SY
United Kingdom
  • Tax And Accounting Hub Ltd
  • YouTube/TAH Video
©Copyright © 2017 Taxandaccountinghub All right Reserved | Website Design & Development By Qualitymust