Updated over 8 years ago on .
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Foreign citizen Purchasing property in USA
If a foreign citizen purchases property in USA under his/her own name & then rent it out or do a land contract and the tenant/buyer sends him a cheque which he deposits in his own country and pay taxes in his own country, how will he report it to IRS because he doesn't have a SSN or any tax #.
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@Haseeb Awan There are significant US income tax consequences for foreign investors. You should absolutely speak to a CPA / attorney about your specific facts and circumstances.