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What are the capital gains tax consequences for US investors investing in...

This is a discussion on What are the capital gains tax consequences for US investors investing in... within the Credit forums, part of the Main Category category; ...overseas realestate? I am interested in raising an international investment real estate fund for american investors targeting eastern europe....





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Old 12-16-2008, 07:09 PM   #1
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...overseas realestate? I am interested in raising an international investment real estate fund for american investors targeting eastern europe.
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Old 12-16-2008, 07:09 PM   #2
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Just keep your money overseas and you should have to pay taxes on them. It's when you bring the money back over to the US when it becomes a problem.
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Old 12-16-2008, 07:11 PM   #3
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It depends on the country and If you are using a moneycorp account or just your American bank account. I built a company to invest in Dubai, UAE for example where there are no capital gains taxes nor income taxes. whichever state you live can still impose taxes upon your profit however, so that is where the offshore or moneycorp account benefits you.
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