PTIN Seal

Rental Expenses

  1. PTINdirectory
  2. Tax Knowledge Database
  3. Rental Expenses
  4. Can I exchange U.S. real estate for real estate in a foreign country tax free?

Can I exchange U.S. real estate for real estate in a foreign country tax free?

No. You cannot exchange U.S. real estate for real estate in a foreign country tax free. A person will not have to pay taxes on gains realized on "like kind" exchanges of investment or business property.

Need Professional Help?

If you need help with "Rental Expenses" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.