Disappointed
Recycles dryer sheets
- Joined
- Sep 16, 2007
- Messages
- 464
DW was talking about buying a condominium in her motherland, I have never done this before.
For those that own property in a foreign country, how did you handle the financial end of it? I assume one can wire transfer the money to an escrow account and handle it from there?
Also, wonder if there is a requirement to report the transaction to the IRS or any other government agencies?
Thanks,
MP
For those that own property in a foreign country, how did you handle the financial end of it? I assume one can wire transfer the money to an escrow account and handle it from there?
Also, wonder if there is a requirement to report the transaction to the IRS or any other government agencies?
Thanks,
MP