Tax Talk

Tax Experts Share Answers and Advice for Readers' Pressing Tax Questions

In Luxury Property Taxes, U.S. is Among the World’s Lowest

U.S. property taxes on luxury homes are less than one-fifth the global average, making them among of the lowest in the world, a new study has found. Properties of $1 million in the U.S. are subject to Read more

Tax Talk: Do International Real Estate Investors Have to Pay U.S. Taxes After A Sale?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: As an international investor, do I have to pay U.S. taxes when I sell my U.S. real estate Read more

Tax Talk: Should I Purchase a New York Condo Through a Non-U.S. Corporation?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I am not a U.S. citizen. A friend told me I should buy my New York condominium through a Read more

Tax Talk: Does the U.S. Still Have the Replacement Property Rule to Defer Taxes on Gains?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: Regarding withholding tax to be paid on the sale of a property, does the U.S. government Read more

Tax Talk: Are There Advantages to Buying U.S. Real Estate Through A Trust?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: What are the advantages for international buyers of using a U.S. trust to purchase U.S. r Read more

What Are the Tax Implications for Foreign Nationals Giving U.S. Real Estate to Their Children?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I am a foreign national. Are there any U.S. tax implications if I give my U.S. real estat Read more

Should I Buy Property Under My Name or Through an LLC?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: Should I buy property under my own name or through an LLC? For foreign investors, said Ed Read more

What Do I Need to Know About the U.K. Stamp Duty Land Tax?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I’m thinking about buying property in London. What do I need to know about the Stamp Duty Read more

Are There Benefits to Paying for a Home in Cash?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: Are there any benefits to paying for a home in cash? A: No. In fact, buying a home all in Read more

Under Clinton, What Would Be the Tax Implications for Luxury Real Estate Buys?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: What possible tax implications for high-end real estate buys do you foresee should Hillar Read more

What is the Best Way of Lowering High Property Taxes?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: What is the best way of lowering high property taxes? A: The best approach is to contest Read more

Will Other Cities Follow Vancouver, Imposing a Tax on Property Investors From Overseas?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: Vancouver’s 15% surcharge on overseas investors seems to have unsettled the market there. Read more