Morey and Macarena dish up another exciting episode of Tax Tip Tuesday this week. Morey shares the necessary requirements for reporting your income and tax liabilities to the IRS, should you invest in overseas properties, and Macarena describes the benefits of having a person you can trust on your side.

 

If you live offshore and don't have a qualified team of professionals to help you plan your financial future to get the lifestyle you want, call Glazer Financial. Ask Morey for a free consultation. Or, if you are looking for real estate in Belize, call Macarena Rose, at Rainforest Realty.

 

Key Takeaways:

[1:12] With a new tax bill on the horizon, it's time to think about tax alternatives.

[3:04] An FBAR must be filed if you have over 10K in a bank account.

[6:54] Due diligence pays off!

[8:01] Morey's client has a healthcare issue that may not be addressed by the new tax law.

[10:04] Let's do away with Obamacare and go back to the free market system.

[12:40] Offshore investing and financing can be a dangerous game if you don't trust your partners.

[15:39] Just because you are in a foreign country doesn't mean there are no laws, no taxes and no important paperwork.

[17:50] Be wary of people who will not give you a referral.

 

Mentioned in This Episode:

Glazer Financial Network

Email Macarena: macarenarose@gmail.com

Tuesdays with Morey on Facebook

Expat Tax Expert

Email Glazer Financial: mglazer@glazerfinancial.com

469-358-2818

972-385-0007

MacarenaRose.com

Rainforest Realty