Foreigners selling U.S. real estate are generally subject to U.S. capital gains tax under rules like FIRPTA, which treats the gain as taxable income and requires a withholding (often around 15%) at the time of sale to ensure compliance.
Continue readingWelcome to the official PTIreturns.com blog!
How to repair your rental property and pay less taxes
Repairs and maintenance to your rental property are inevitable. But, did you know that repairs on rental property can be tax deductible?
So, what home improvements are eligible?
Here’s what you need to know if you’re a new landlord or if you’ve just had to make your first significant repair.
How to be property tax-savvy
Owning a property is one of the largest investments you’ll ever make and it’s a huge financial responsibility.
As with any investment, you need to know how to get the most out of it. Knowing the tax credits and tax deductions available to property can help you ensure your investment pays you back.
In this guide, we will outline some useful tax tips for property owners who want to save money and reduce their taxes.
9 Top Tips on reducing property income tax for overseas landlords
As a non-resident landlord, it is likely you will be required to file an annual income tax return. Maybe you’re asking yourself questions like – how can I reduce my property taxes?
And while it is not always easy to understand foreign tax laws, by having a strong grasp of your tax requirements and entitlements, you can save yourself a lot of money come tax time. But is there any way to lower your property taxes?
Are you a non-resident landlord? File your tax return online and reduce expenses
Are you a non-resident landlord with property overseas?
The last thing you want to do this year is pay a big tax bill after having an inconsistent year for renting out your property. So, in this article, we will highlight how you can file your income tax return online, who can help you, and how to minimise your property tax bill.
Revenue has extended the Irish self-assessed tax filing deadline to 18 November 2026
Rental income tax in Hungary – What you need to know
If you are a foreigner who owns a rental house or an apartment in Hungary, and you are earning a profit, you are required to file a rental income tax return to the Hungarian tax office by 20 May 2026.
What does the Polish Deal (New Polish Order) mean for non-resident property owners?
The Polish Deal has fundamentally changed how rental income is taxed in Poland, making the lump-sum “Ryczałt” system mandatory for all private landlords as of 2023. Under these rules, non-residents must pay tax on their gross revenue at rates of 8.5% or 12.5% without the ability to claim deductions for expenses or depreciation.
Continue reading →Have you invested in buy-to-let property in Poland? Here’s everything you need to know about your tax obligations
Owners of rental properties in Poland, that are in receipt of rental income, must declare this income by submitting a tax return to the Polish tax authorities each year. See the details and tax deadlines you need to know, and how to get help with filing a Polish tax return.
First-time landlord? Here’s everything you need to know before renting out a property for the first time in the UK
Renting out a property for the first time in the UK involves a range of legal, safety, and financial responsibilities that landlords must follow. This includes protecting tenant deposits, carrying out safety checks, providing proper documentation, and ensuring the property is well maintained.
Continue reading →