Posts Tagged ‘Purchase’

BRINGING MONEY FROM ANOTHER COUNTRY TO PURCHASE A HOUSE HERE?

Tuesday, October 27th, 2009

If a large volume of income similar to 40-50k is brought here from a unfamiliar country, and a little wants to make make use of of it to buy a residence will they be taxes by IRS? I know there is a price to send the income here, but should the IRS taxation these income given it will be make make use of of for a residence purchase.