I am currently looking at purchasing a rental property in the U.S. Does anyone know the tax implications on the rental income. I know there is withholding tax of 10% if I were sell the property, and I read that the tax can be as high as 30% on your gross rental income.
Can anyone verify this, or does anyone currently own rental property down in the States?
Can anyone verify this, or does anyone currently own rental property down in the States?