If you are US citizen, resident , or tax resident you are taxed on worldwide income, which will include rental income or else.

Depending on what type of structure tax filings might still be required even though it is dormant with no income to report.

You are posting this message in tax questions not immigration section where it should be. If your tax issue is already resolved, your tax attorney...

If you believe the assessed value of your property is inaccurate or does not reflect fair market value, or you are missing exemptions, you can file...

DIIRSP submission includes all required documentation and a clear explanation of the circumstances to support the claim. While general information...

The treatment of the loss as a capital loss depends on factors such as the nature of the partnership’s assets (does it hold hot assets?), the...

Generally speaking, no. Loan note that cannot be transferred or assigned fails to meet the registered form requirement, as transferability is a...

Under U.S. tax law, spouses who are both U.S. citizens can give each other unlimited money or property without paying federal gift tax. This is...

Regardless of absence of 1099-R, general rule is taxable income unless exception applies depending on based on the nature of the accounts, the...

The income from the sale of U.S. C-Corp shares may or may not be subject to U.S. tax, depending on the nature of the corporation's assets and the...