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I will be a green card holder. What are the tax implications in moving cash from Australia to US? Also tax implications of having a property in Australia under my name?
I am going to get my green card soon. I would like your help with regards to what I am to do with my assets that are still in my home country of Australia. See below
Property
I have an apartment under my name that my brother is currently living in. What are the tax implications of me owning this property in Australia?
Gifted cash
My parents are looking to gift me cash for me to buy a property in the US. What are the tax implications of this? Are there any specific forms I need to complete to declare my gift?
Moving cash from Australia
I have some cash in bank accounts in Australia that I am looking to move to the US. What are the tax implications of this?
Thanks
‎June 4, 2019
6:06 PM