I would like to find out more about situation if I decide to sell inherited family land (just land, no homes or any other structures on the property) located in East Europe. Land was inherited from my family who were never a US citizens. I know there are some local taxes (country where the land is located) but I want to find out if I need to report/pay anything about the sale as I am an US citizen. Anybody knowledgeable/has experience about this topic? Thanks!
