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Old 18-07-2008, 07:47 PM
10crew 10crew is offline
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Join Date: Jan 2008
Posts: 12
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$1000 does still seem like a lot but it is 4 returns as you say. If you're worried, you might want to just pay for the first year return when u have to account for the purchase and then just do it yourself and keep up on any changes via the irs website or via turbotax (which will automatically incorporate changes for federal/state tax for US residents and then you'd just have to look to see if there are any changes in treatment for non -residents - not sure there would be much change vis a vis rental income accting). Good luck, we still haven't found any package that will help us with property investments across countries.
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