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View Full Version : Tax on sale of property in Poland and using these funds to purchase one in the us?


aga63
Jul 12, 2010, 04:12 PM
I am in the process of selling my condo in Poland. I reside in Virginia, where I plan to use that money towards the purchase a home . Both Poland and the US have a laws stating that if you use the funds to purchase a new home within certain amount of time, you are tax exempt. I am not sure if that's also the case if I sell my property in Poland and buy one here. The treaty from 1974 is complex. Can any one direct me to an appropriate website? Any dir

AtlantaTaxExpert
Jul 13, 2010, 08:44 AM
Are you a resident alien or green card holder?

aga63
Jul 13, 2010, 10:35 AM
Yes I am a permanent resident with a green card.