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US citizen that has no income generating foreign property.
Have a property in France that family lives in. They do not pay us any rental, but pay any taxes that are due in France.
I am not making any money from the property. I assume I need to report that I have the property, but do I have to pay taxes to the US government even though I'm not making any income from the property?
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‎January 8, 2024
5:23 AM