Reply to post: Re: Not worth it

Spaniard trousers €60,000 bank error, proceeds directly to jail

Spaceman Spiff

Re: Not worth it

In the USofA it is now $5K before they have to report it... I own a property abroad when my sister is selling. I have to go through impossible shenanigans to avoid getting improperly dinged by the US govt! I don't mind paying the 10% long term gains on the property to the IRS, but I DO object to their ability to sequester my $$ before I declare it on my tax filing. I've owned the property since 2003.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon