Investors & landlords

All comments confusing, to be honest.

Guys, I understand that income should be taxed worldwide,

but maybe we should discuss how it should be done properly?

 

Let's take a look at the tax treaty first: https://www.irs.gov/pub/irs-trty/india.pdf

And I checked at a treaty for a few countries in the original language.

And actually, it says that real estate should be ONLY taxed in the country, where this property located.

At least it looks valid for India, Germany, and +1 more country. Maybe for other countries, it looks different.

 

I agree that it should be somehow reported on the IRS tax return, but I have some doubts (reading tax treaty statement) that additional taxes should be paid.

Please correct me if I am wrong in understanding, but at least it's how I understand what I read in the official document in article 6.