Serbinski Accounting Firms

nelsona wrote: > > https://www.irs.gov/individuals/international-taxpayers/exceptions-from-firpta-withholding Thanks, nelsona. I am still not sure about if the house can be in my name only when sold (we do quit claim deed), and each of us, myself and wife, can claim the capital gain exclusion of $25...

Thanks for replying, nelsona. I assume you mean she can e-sign documents? another option I can think of is to have financial power of attorney. Not sure how all of this would work if we create a trust for the house. Regarding the other questions, how to avoid FIRPTA withholding at time of sale? than...

Want to put it in my name as my wife may have visa issues if she needs to re-enter the us when we sell the house. We want to reduce this risk.

Hi there, My wife and I have owned and resided in a house in the US since June 2021. I am Canadian, my wife is neither Canadian nor a US citizen (we have US citizen kids though). We are planning to move to a third country and rent out the house before selling it in about 3 years (before June 2028). ...