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Level 1
posted Jan 5, 2023 10:21:49 AM

Do I need to be report the purchase of a house in a foreign country ? I send several wires over $10,000 each to the seller's bank.

and or the amount of the wires...

0 1 119
1 Replies
Level 15
Jan 5, 2023 10:22:56 AM

If this is a personal residence, not used as a rental or in a business, the purchase is not reported on a tax return.