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Old 03-08-2015, 05:42 PM
 
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We're moving over soon and will be renting out our main home in Australia (no mortgage), we also have a couple of investment properties (both with mortgages) which generate a regular income. Does anyone know if we'll have to pay US taxes on this, or will it be taxed in Australia, or both countries?
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Old 03-08-2015, 06:09 PM
 
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You should talk to a CPA who specializes in dealing with expatriates.
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Old 03-08-2015, 06:57 PM
 
Location: Brisbane
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Quote:
Originally Posted by Samuel,J View Post
We're moving over soon and will be renting out our main home in Australia (no mortgage), we also have a couple of investment properties (both with mortgages) which generate a regular income. Does anyone know if we'll have to pay US taxes on this, or will it be taxed in Australia, or both countries?
The profit from your properties will be taxed in Australia at non resident rates Samuel, I could not give you an answer about how it will be treated in the USA off the top of my head.
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Old 03-09-2015, 04:05 PM
 
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Thanks Danielsa, we've made an appointment with an accountant next week.
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