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

    Dec 9, 2007, 06:30 PM
    Resident for Florida Tax purposes
    I own vacation property in the U.S. and want to sell. In order to save on taxes can I become a resident without a visa or green card? Must I live there more than 179 days?

    WC
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Dec 10, 2007, 01:44 PM
    WC:

    It's not quite that easy.

    If you are a non-resident alien for even ONE day in a calendar year, you CANNOT file as a resident alien UNLESS you are married.

    The capital gains calculations are the same for non-resident aliens as they are for resident aliens.

    It is likely you would pay only slightly less as a non-resident alien than you would as a resident alien.
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