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Hudson Valley Apprsial Corp Route 9W and Sunset Drive P.O. Box 1004, Port Ewen, New York 12466 P: 845.331.8545 F: 845.339.1665 ------------------------------ Lorraine Barton Partner Advent Valuation Advisors Newburgh NY (845) 567-0900 ...
Yes. The gain is foreign-source income. Under IRC §862(a)(5), gains from the sale or exchange of real property located outside the United States are treated as foreign-source income. A foreign tax credit is available only if the foreign country actually ...
Can anyone refer a Woodstock, NY area real estate appraiser? The appraisal is for gifting residential real property, Thank you. ------------------------------ [Walter] [Primoff] [CPA/PFS, CGMA Perelson Weiner LLP New York, NY 10171 The opinions ...
The source for real property is its location, So if a vacation home located in a foreign country is owned by US citizen and sold, it would generate a foreign source income capital gain, which should be eligible for the Foreign Tax Credit if the foreign ...