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Can I deduct these Real Estate taxes on overseas rental property ?
I inherited a rental property overseas. There were $17350 outstanding property taxes from 2009 to 2013 including fines for late payment. It was a tax on second properties and was not tax deductible in the foreign country. It was only payable because I sold the property. I had to provide proof of payment before the sale could be completed.H ad I waited 3 more year I would have not been required to pay due to a government amnesty. Am I able to include on my tax return for IRS under real estate taxes or sale expenses?
March 30, 2023
2:36 AM