Excellent article/case study

Here is a great piece about a US citizen who is resident in the UK and owns investments and property in the US. The answer covers how to deal with income, gains and sale of a property for US and UK tax purposes in a detailed, but clear way.

http://www.taxation.co.uk/taxation/Articles/2014/01/22/319191/ny-state-mind

From some browsers this is available only to subscribers tax Taxation magazine. Delighted to send a copy by email to anyone who messages me through UK Yankee.

From some browsers this is available only to subscribers tax Taxation magazine. Delighted to send a copy by email to anyone who messages me through UK Yankee.

Works fine in Safari, but doesn't with Chrome.  It's never good practice to cut and paste  items like theses across platforms which is why I won't do that, but reading it is worth your while. So follow the link with Safari (or other browser that works), registering with the website, or PM Guya.