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All Forum Posts by: Chris Laird

Chris Laird has started 1 posts and replied 1 times.

International Real Estate

Post: Best ways to bring capital from overseas back to US

Chris LairdPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 1
  • Votes 0

I’m in the process of selling a property in Australia, where due to it being my primary residence previously there is no capital gains tax due (similar to the exception here). I’m a dual Aus and US citizen. I’m now living in the US again and the plan is to bring the proceeds to the US to reinvest in real estate.

Are there legal ways to avoid/minimize paying taxes on the proceeds as they are transferred to the US?

0 Votes