Tax Implications For Renting Out My Condo In Bangkok

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January 16, 200917 yr

I have a condo in Bangkok which I am looking to rent out. Can anyone adice me of the tax - or any other legal - iimplications of my renting out the condo to a) an individual or a Thai Company. Thanks in advance !

Edited January 16, 200917 yr by richmond

January 16, 200917 yr

I can't speak of Thai taxes but, if you are a US citizen or greencard holder, there are issues with IRS. The rent received will be income on your US tax return; the related deductions (including depreciation) can be deducted.

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