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Forum: USA
Sep 5th 2014, 7:08 pm
Replies: 17
Views: 1,908
Posted By LostInPA

Re: Selling a UK property but getting US tax demands

Thank you everyone for your views on my situation!

I didn't rent out my property at all - I just left it unoccupied with all my furniture in it for my first year in the US (and lived in it during...
Forum: USA
Sep 5th 2014, 2:55 pm
Replies: 17
Views: 1,908
Posted By LostInPA

Re: Selling a UK property but getting US tax demands

I lived in my flat before I moved to the US, and then left it unoccupied for a year before selling it in January 2013.

Reading IRC Section 121, I didn't think I should be impact as I made a 3000...
Forum: USA
Sep 5th 2014, 2:36 pm
Replies: 17
Views: 1,908
Posted By LostInPA

Re: Selling a UK property but getting US tax demands

Yes it was - I lived in it until I moved to the US, and then left it unoccupied for a year before I sold it and shipped over all the furniture.

I found IRC section 121 which, to me, reads that I...
Forum: USA
Sep 5th 2014, 1:10 pm
Replies: 17
Views: 1,908
Posted By LostInPA

Selling a UK property but getting US tax demands

Hi,

I really need some tax advice please.

I've been in the US for 2 1/2 years on an L1B visa.

In January 2013, I sold a UK property that I'd owned for 6 years, for a £3000 loss. I...
Showing results 1 to 4 of 4


 
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