Landlords & Property Investors
Coordinated US and UK tax for cross-border property owners: rental income, depreciation, FIRPTA, 60-day CGT reporting, and sales handled by one team in both countries.
One property, two rulebooks.
A rental property held across the Atlantic is taxed under two systems that disagree on almost everything: depreciation, mortgage interest, the currency the numbers are kept in, and even when the gain is reported. We prepare both sides from one reconciled set of accounts, so relief lands where it should and nothing falls between the returns.
From a single flat let out after a move to a multi-property portfolio, we handle the annual compliance and the transaction planning: purchases, refinances, sales, and what your estate would face on both sides.
How we help cross-border property owners
Complete US and UK property tax compliance and planning, coordinated under one roof.
UK Rental Property for US Persons
Schedule E and UK property pages prepared from one set of numbers. US depreciation is mandatory even when the UK allows none. We track basis, apply the right conventions, and keep both returns consistent.
US Property for UK Residents
Form 1040-NR, the net rental election, and state filings for UK investors in US real estate. We structure the reporting so you're taxed on net profit, not gross rent.
FIRPTA Withholding & Recovery
Selling US property as a non-resident triggers FIRPTA withholding on the gross price. We apply for reduced withholding certificates where available and recover overwithheld amounts through the return.
Property Sales & Capital Gains
We sequence the US principal residence exclusion, UK private residence relief, and the UK's 60-day CGT reporting deadline so relief is claimed in the right country and nothing is filed late.
Mortgage FX & Phantom Gains
Repaying or refinancing a sterling mortgage can create a taxable US currency gain even when you lose money on the property. We model the exposure before you transact, not after.
Non-Resident Landlord Scheme
NRLS registration so HMRC approves gross rent payments to overseas landlords, with letting agent and tenant withholding obligations handled correctly from day one.
One team manages both sides of your property taxes, at a fixed fee.
Get StartedExplore our tax services
The gain you see isn't the gain they tax.
Currency movements, depreciation recapture, and mismatched reliefs mean the US and UK rarely agree on what you made from a property. We compute both answers correctly, and plan transactions so the divergence costs you as little as possible.
Property tax surprises are planning failures.
Phantom currency gains, unexpected FIRPTA withholding, and blown 60-day deadlines all have one thing in common: they were foreseeable. We work the numbers before you buy, refinance, or sell, so you know the tax outcome before you commit to the deal.
Basis & Depreciation Tracking
Every improvement, exchange rate, and depreciation year is recorded in dollars and sterling, so the gain calculation at sale is defensible in both systems.
Mortgage Currency Exposure
A foreign-currency mortgage is a US tax position in its own right. We quantify the phantom gain on redemption or refinance before you commit.
Interest Relief in Two Systems
Section 24 restricts UK relief while the US still deducts in full. We run both computations so the divergence works in your favor.
State & Non-Resident Filings
US property means state obligations too. We handle non-resident state returns and withholding alongside the federal filing rather than as an afterthought.
Why cross-border landlords choose US/UK Cross Border Tax
One Set of Books, Two Returns
The same rental accounts feed both filings. Income, expenses, and basis are reconciled between US and UK rules so the two returns never contradict each other.
Depreciation & Relief Reconciled
The US demands depreciation; the UK restricts mortgage interest under Section 24. We work both systems so each return claims everything it's entitled to.
Deadline Choreography
We sequence UK 60-day CGT reports, 31 January Self Assessment, 15 April federal returns, and state deadlines so estimates, credits, and payments land on time in both countries.
Transaction Planning Before You Sign
The tax outcome of a property deal is mostly decided before completion. We model sales, refinances, and transfers in advance so you choose the position instead of inheriting it.
"When I sold my flat in Manchester, my US accountant had never heard of the 60-day rule and my UK accountant didn't know the mortgage payoff was a US gain. This team caught both, filed everything on time, and the two returns finally match."
Cross-Border Property Tax Questions
Common questions from landlords and investors with property on the other side of the Atlantic.
Two Tax Systems, One Team
Email Us
hello@usukcrossbordertax.comLondon Headquarters
4 Crown Place
London EC2A 4BT
United Kingdom
Manchester
CORE
Brown St, Manchester M2 1DH
United Kingdom
San Francisco
600 California St
San Francisco, CA 94108
United States
New York
33 Irving Pl
New York, NY 10003
United States