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Based on the US and Japan tax treaty, I do not have to pay
Second opinion] Based on the US and Japan tax treaty, I do not have to pay tax on any rental income. My wife inherited an apartment with 10 units and it has been generating $ 3,000 to $4,000 per month… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,374 satisfied customers
Based on the US and Japan tax treaty, I do not have to pay
Based on the US and Japan tax treaty, I do not have to pay tax on any rental income. My wife inherited an apartment with 10 units and it has been generating $ 3,000 to $4,000 per month. Since the rent… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,018 satisfied customers
I have a question on Form 3520 and cost basis of inherited
I have a question on Form 3520 and cost basis of inherited foreign property … read more
Barbara
Barbara
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15,018 satisfied customers
My mom was living in China. She died in 2012 and left her
Hello -- My mom was living in China. She died in 2012 and left her apartment to 3 of us (my brother, sister and I). No one lives in that apartment since then. Due to her second marriage and some dispu… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,018 satisfied customers
Are social security benefits taxable to Alien non resident
This question is for BarbaraAre social security benefits taxable to Alien non resident taxpayers? They have abandoned their green card a few years ago and now live overseas. Preparing rental income ta… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,902 satisfied customers
TAX FILING QUESTION: I and my daughter, Naomi, now live in
TAX FILING QUESTION: I and my daughter, Naomi, now live in Japan, but we are both USA citizens. I have a custodial account with Naomi, 24-year old daughter, with Fidelity Investments. Original investm… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,968 satisfied customers
Robin A multi-part set of questions: My parents owned a
Hi, RobinA multi-part set of questions:My parents owned a single-family residence in San Diego. It was valued at $240,000 in 2002. It was proposed at that time that they give the house to me, one of t… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife now has rental property in a foreign country. It was
My wife now has rental property in a foreign country. It was inherited in 2016. She also has a bank account in the foreign country. What forms do I need to fill out for IRS? The property's are just un… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,968 satisfied customers
This question is regarding double-taxation US & Japan. Is a
Hi, this question is regarding double-taxation US & Japan. Is a California LLC receiving income from Japanese corporations subject to Japanese taxation? The kind of LLC I'm thinking about: - it has no… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I'm Steven, retired national of Japan and green card holder. In 2011 I stayed in
Hi, I'm Steven, retired national of Japan and green card holder. In 2011 I stayed in US less than 6 month not for work. My income consisted of Public pension and rental income of my apartment. I got a… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Individual age 78 yrs. Granted Dual Citizenship in 1971. Returned
Individual age 78 yrs. Granted Dual Citizenship in 1971. Returned to Bermuda in 1971. . Have not worked in the United States since 1971. Retired to United States in 2000. When I left the United States… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
I was born a Japanese citizen. I became an American citizen
I was born a Japanese citizen. I became an American citizen after I married an American. My mother a Japanese citizen died in Japan. My brothers, Japanese citizens sold her house and I inherited one t… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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My wife and i are separated. I have the house and she has
My wife and i are separated. I have the house and she has an apartment. I am deducting the mortgage interest on the house. Can she deduct her rent. We live in Massachusetts.… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
my wife inherited her fathers home. The house was appraised
my wife inherited her fathers home. The house was appraised for $110,000 and sold for $92,000. The total received after closing and all was around $82,000. This to be split 3 ways between the siblings… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Carmen purchased a business for $150,000 by investing $40,000
1. Carmen purchased a business for $150,000 by investing $40,000 of her own funds and borrowing $110,000 from Local National Bank. Carmen signed the note payable as a personal guarantor. In the first … read more
Jesse Handel
Jesse Handel
Tax Preparer and Chemist
Bachelor's Degree
400 satisfied customers
Hi Wendy, I read through a number of the answers you
Hi Wendy, I read through a number of the answers you gave to other clients, and thought they were very useful, so I decided to ask you one of my own. I am a US citizen and have been living and working… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I am a US citizen and live and work in Japan. My aunt just ...
I am a US citizen and live and work in Japan. My aunt just passed away and she left me the bulk of her estate (total value less than 900K) through her will. My inheritance included cas, a house and an… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,968 satisfied customers
I am a US citizen and I recently inherited real estate (a ...
I am a US citizen and I recently inherited real estate (a house and an apartment building in Japan) from my aunt (a Japanese citizen) when she passed away. There were no estate taxes because of the si… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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