I am moving to Morocco and UAE. I will be managing the properties from there and it's very time consuming.
I understand that rental income is passive and doesn't qualify for FEIE. But do I qualify for foreign earned income exclusion if I pay myself a salary to manage the properties?
For example, let's say my net income is $100,000 from all 6 properties, can't I pay myself $100,000 to manage them? Would I qualify for FEIE, it will be a huge tax break for me.
posted
November 10, 2024
12:59 AM
last updated
November 10, 2024
12:59 AM