Thinking about buying property abroad as a US expat or future expat? Before you sign anything, there are major tax traps you need to understand.
In this episode of Passport To Wealth™, Arielle Tucker, EA, CFP, sits down with Alex McGowin, CPA, (@McGowinTax) an international tax specialist, to unpack the biggest mistakes Americans make when buying foreign real estate, especially in Latin America.
You will learn:
Why foreign LLCs often trigger unexpected US tax problems
What a check the box election is and why timing matters
How rental income, Airbnb properties, and personal use are taxed
When foreign real estate creates controlled foreign corporations
Why planning before you buy is critical for US citizens abroad
Whether you are considering Costa Rica, Panama, Mexico, or another country, this conversation will help you avoid costly surprises and make smarter cross border decisions.
Subscribe to Passport To Wealth™ for expert guidance on US expat taxes, investing abroad, and building wealth globally.

Living abroad as a U.S. citizen? 🌍 Learn how to simplify U.S. expat taxes, build wealth overseas, and navigate life abroad with clarity.

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✅ About Passport To Wealth™.

✅ About Passport To Wealth™
Welcome to Passport To Wealth™, your trusted guide to financial clarity while living as an American Abroad. Hosted by Arielle Tucker, CFP®, EA, a cross-border financial planner and long-term expat, this channel is built for U.S. expats and globally mobile individuals navigating international living, U.S. tax planning, and cross-border finance.

Through expert interviews, expat stories, and practical advice, you'll learn how to manage your money, optimize taxes, and build a fulfilling life overseas. Join us to gain confidence, simplify expat life, and grow your wealth, wherever you are in the world.

#USExpat #LivingAbroad #PassportToWealth
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🔔 Want financial clarity while living overseas? Subscribe for expert advice on U.S. taxes, cross-border finance, and building wealth overseas!
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Buying Property in Costa Rica: Tax Mistakes US Expats Make