insolvency asset calculation
Date: Fri, 07/15/2011 - 08:54
When adding up assets and liabilities does a person have to declare foreign owned real estate as an asset?
As far as I know, you will have to list all your assets includin
As far as I know, you will have to list all your assets including your foreign owned real estate. Nevertheless, it will be better if you could contact your bankruptcy attorney and take his opinion in this matter.
Yes, you have include the foreign owned asset as well. You will
Yes, you have include the foreign owned asset as well. You will need to include your total income from your overseas real estate while calculating your assets and filing taxes.