paloma625
New Member

Will husband owe taxes for apartment sale? He owns it w/ his 2 siblings. 1 sibling/owner has lived there rent-free for 2+ years and is buying it from hubs his bro.

My husband is a U.S. green card holder and Peruvian citizen. The apartment he and his siblings are selling is in Peru. Since the U.S. and Peru don't have a tax treaty, as a U.S. green chard holder, on his U.S. IRS tax return he must pay taxes on income from the U.S. and Peru.