I'm thinking of selling an inherited property in Central America does anyone know if I still need to pay taxes on this sale here in the usa after I sell this non-USA property? Thank you in advance!!
I'm not 100% sure but I dont believe so. My parents did exactly that and as far as I know they just had to show proof of where they got the money from whenever they crossed it over to the US. They then immediately used it to buy a fourplex here without a problem