This is exactly my question. Planning to move in US next year under EB3 and also interested in buying a property in New Zealand where I am a citizen. Wonder how tax works, this answered everything. So basically, I am not obliged to pay income tax in US from the income generated from a foreign rental property because of the double tax agreement between countries, right? 😅
Thank you for your information. Very important to know
But isn't a loan to a company also taxable interest earned (even if you did not charge interest the IRS will calculate it at Prime Rate)???
This is exactly my question. Planning to move in US next year under EB3 and also interested in buying a property in New Zealand where I am a citizen. Wonder how tax works, this answered everything. So basically, I am not obliged to pay income tax in US from the income generated from a foreign rental property because of the double tax agreement between countries, right? 😅
*Foreign
100% of the way, the question is not even answered. Repeatedly saying things not relevant to the question. Question avoided. Disappointed!
First comment!
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