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    aga63's Avatar
    aga63 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jul 12, 2010, 04:12 PM
    Tax on sale of property in Poland and using these funds to purchase one in the us?
    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Jul 13, 2010, 08:44 AM
    Are you a resident alien or green card holder?
    aga63's Avatar
    aga63 Posts: 2, Reputation: 1
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    #3

    Jul 13, 2010, 10:35 AM
    Comment on AtlantaTaxExpert's post
    Yes I am a permanent resident with a green card.
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