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Get your taxes done using TurboTax
I'm not certain about repatriating the funds (or bringing them here in the first place), but it's your money (the proceeds from the sale) so there should be no impact.
With respect to your loss, if the property was never held for investment or rental purposes (i.e., held for personal use), then the (capital) loss is from the sale of personal-use property and cannot be used to offset capital gains.
‎September 4, 2023
3:26 PM