Posts Tagged ‘primary residence’
Foreigner's Sale Subject to IRS 'Hold Back'
Question: My wife and I are retired snowbirds from Canada who are planning to sell 10 acres of land in north Scottsdale in the near future. Even in this “down” market, the value of the land is at least $600,000. Although we originally were planning on building a home there, we decided that we did not…Read More