Own a condo in Manila, a flat in London, or a rental house in Guadalajara? If you're a US citizen, green card holder, or resident alien, the IRS wants to hear about the rent you collect on it — no matter where that property sits or what currency the rent shows up in. Here are the basics of reporting foreign rental income correctly, so a straightforward income stream doesn't turn into a compliance headache.

If you hold a foreign bank account, own international investments, or have financial ties outside the United States, you’ve probably heard the terms FBAR and FATCA — sometimes used as if they mean the same thing. They don’t. Understanding the difference matters, because each has its own form, its own deadline, its own threshold, and its own set of penalties for non-compliance. We know — you've heard about FBAR and FATCA before. But there's a reason we keep coming back to this

As a real estate professional or investor, the end of the year is a crucial time to assess your tax strategy.

Real estate investment can be a great way to build wealth, but if you’re not careful, it can also lead to an unexpected tax burden....