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Re: Anyone made this decision?
Old 06-03-2005, 01:59 AM   #21
Confused about dryer sheets
Join Date: May 2005
Posts: 9
Re: Anyone made this decision?

Question . .
Must 'Primary residency' and 'use-of' be filed or validated with the IRS . .* any Schedules to file?
If not, what 'primary residence' paper-work or 'proof' do you need to keep?

Maybe there's a messier but simpler solution, but does anyone see a problem with this? :-

Sell US primary residency now (last 3 years primary residence) = No tax due?

Return to UK home and primarily reside there for 2 years, then Sell = No tax due?

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Re: Anyone made this decision?
Old 06-04-2005, 07:31 PM   #22
Confused about dryer sheets
Join Date: May 2005
Posts: 9
Re: Anyone made this decision?

Originally Posted by bpp
8 of the past 15 years when you give up your green card.* So you could leave the US, keep filing US returns for 8 years, wait to sell the house, then turn in your green card at the nearest US embassy, and thus get out of jail free.*
Thanks bpp, I shall look into this . . .

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