What is US Source Income?

US source income typically includes compensation for services, interest, dividends, rents and royalties from US sources. Basic US sourcing rules are as follows: Type of Income: US Source if: Salaries, wages, other compensation Services are performed in the US Business income: Personal Services Sale of inventory – purchased Sale of inventory – produced Services are […]

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Cash Flow from Rental Property

Real estate investment may focus on potential appreciation. But real estate market is in such uncertainty that it is impossible to kown know if or when appreciation in value will come. Wise investors are most interested in cash flow. A rental property investor will collect rent checks, pay the bills, and watch their bank accounts. […]

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