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Real Estate
Reply to "Married couple buy a house, only one is on the title. Why?"
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[quote=Anonymous][quote=Anonymous]It can be complicated for a foreign person to own US property. For example, when they sell it, if the sales price is over $300,000, then the buyer generally has to withhold 10% of the purchase price and pay it to the IRS. They may be more likely to owe tax on a sale as well.[/quote] Foreigner here. This is not true. I have bought and sold property in the US with no such issues.[/quote]
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