There exists an incredibly powerful wealth-building strategy that has been around since 1921, and is still used by the country's most savvy real estate investors. Remarkably, the IRS made this tax deferral possible.
The good news is that, as an overseas American, you are automatically granted a two-month extension to June 15 to file (and pay your tax). You don't have to request this extension in advance.
Richard Leonard retired from the U.S. government after serving as an IRS agent for 28 years. He served overseas as an IRS agent for eight years, and was in private practice in Ireland for six months. He currently lives and works in Bangkok, Thailand.
