I'm a little confused. I have been listening to the Ninja audio for two months now and in it Jeff states that foreign personal property tax is not deductible (the exotic car) but foreign real estate tax (for the sweet European villa) is deductible. However, in the Ninja notes it states that after TCJA foreign real estate tax is no longer deductible. Is the audio portion outdated, or am I missing something. Please bring me clarity 🙂
I agree with Captain Awesome. On the Individual Taxation Audio between 21:04 – 21:39 it says foreign real estate tax is deductible. I am listening to the most recent REG audio directly from the Ninja CPA website. I didn’t hear a reference to the change due to TCJA. Am I missing something?