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f you are a US citizen or resident, you are required to file a US tax return for income from all sources both domestic and foreign. Therefore, you will need to report the 2018 sale of this condo (converted into US dollars) on your tax return as the sale of a capital asset.
See Where do I enter the sale of a second home, an inherited home, or land?
If you paid foreign taxes on the this transaction, you will be allowed an offset for these foreign taxes on your US tax return.
f you are a US citizen or resident, you are required to file a US tax return for income from all sources both domestic and foreign. Therefore, you will need to report the 2018 sale of this condo (converted into US dollars) on your tax return as the sale of a capital asset.
See Where do I enter the sale of a second home, an inherited home, or land?
If you paid foreign taxes on the this transaction, you will be allowed an offset for these foreign taxes on your US tax return.
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