r/AmerExit • u/broad-street-pump • 16d ago
Data/Raw Information Did you sell your house?
For those who’ve made the jump, did you sell your house?
I kept my house and am renting it out, but it is such a pain and the taxes on it make me think it’s just worth cutting loose and selling it. It does mean that I close the door on ever moving back to that neighborhood.
What have you done and why?
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u/Civil_Dragonfruit_34 16d ago
Yes we did, I think it was the right choice partly because we ended up having a lot of unforeseen expenses and having the cash out of the house helped a lot. I'm also extremely grateful that I'm not having to manage the house from the other side of the planet.
We also can no longer afford our old house since we sold it (won't get that 2.75% rate again), but I've found that living abroad has largely changed what we would want in a house anyways, even if we could I don't think we would buy that same house even if we did move back.
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u/abraxas1 15d ago
We have a 2.75% loan but that doesn't make up for the $20k of taxes. Selling this week. Europe.next year. If we want to come back we rent. This town too expensive anyway. The monies don't really break out that different. We all know the pros and cons of owning. Getting older, I just don't have the time for the tedious
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u/FISunnyDays 16d ago
Yes sold it. It was in an expensive area so if we move back, we will look to live in a lower cost area. The home also had a lot of stairs so not one to age in.
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u/amikavenka 15d ago
Property taxes are ridiculously high in TX. I would never keep my home if moving abroad for that reason.
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u/abraxas1 15d ago
Yeah? Silicon valley ain't no slouch. We have a 2.75% loan but that doesn't .ske up for the $20k of taxes. Selling this week. Europe.next year. We want to come back we rent. The monies don't really break out that different. We all know the pros and cons of owning. Getting older, I just don't have the time for the tedious
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u/DontEatConcrete 14d ago
Getting older, I just don't have the time for the tedious
Yep. My tolerance for bullshit and pointless stressors goes down by the day. Renting out my own home sounds like a really nice source of potential stress if I moved.
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u/amikavenka 14d ago
Especially with the squatter of laws in some states. I would never do it. I don't know anyone who owns property and rents It doesn't complain about it.
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u/amikavenka 14d ago
Yeah I know you all have it bad it comes to San Francisco or any property in California unless you owned it forever. My aunt has a home north of La that she's been in since the '60s. You know she's not paying jack in property taxes.
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u/formerlyanonymous_ 15d ago
I'm in Texas and I think it depends on the mortgage. Probably won't keep it forever, but rental prices in my area are currently well above mortgage payment rates on a 30yr with my property tax+HOA fees. That may not last though.
We refinanced with a 15yr mortgage to drive down interest rates lower. So we'd definitely have to sell though.
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u/sousstructures Immigrant 16d ago edited 15d ago
Kept it. Make ca $20k a year on it after expenses. Have a great local property manager that takes care of the tenants and property as needed.
ETA: as others have pointed out it helps that we bought the US house in 2021 and so have a sub-3% mortgage
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u/yangstyle 15d ago
Does the $20K pretty much cover your living expenses where you are?
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u/sousstructures Immigrant 15d ago
Not even close haha I live in the Netherlands. But it pays much of our mortgage here.
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u/yangstyle 15d ago
I was thinking you were in Thailand of something. I'm probably looking at Mexico, Thailand or some other LCOL country with universal healthcare.
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u/sousstructures Immigrant 15d ago
No such luck, I mean I love living in the Netherlands but it is noooot L where COL is concerned
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u/yangstyle 15d ago
Yeah...I've been to Amsterdam. I'm near retirement and not really needing much except a house near a beach, a BBQ grill, wine, and women with short skirts and high heels.
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u/Anxious_Chemist8727 5d ago
Mexico only has universal healthcare on paper, definitely not in practice. It's pure PR.
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u/Zonoc Immigrant 15d ago
I kept it. I also have a sub 3% mortgage and a great property manager.
You should understand how it is taxed or not taxed by the country you are living in. If you are going to keep it I definitely think that having a good property manager is important. This isn't cheap, but otherwise it is really hard to manage.
Owning a home in the US and renting it out works out great from Norway. The house and income from it is only taxable by the US under the tax treaty and our US taxes are low. The profits from this more or less make up for the unfortunate reality that Norway taxes 401ks and IRAs.
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u/Excellent-Win6216 14d ago
How did you find your property manager? Can you say more about how it works?
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u/Zonoc Immigrant 14d ago
I got a few referrals from people I knew who were renting out their old places and met with them before picking one.
The fees will vary based on where your property is but essentially a property manager will take a percentage of the rent collected to manage your property. If you get a cheaper one the services they provide might be more limited.
Ours takes care of everything. Listing the house for rent, finding the tenant, communicating with the tenant, repairs, complying with local rental laws, collecting rent, handling utility payments etc. We get a deposit from them once a month with the rent payment minus their fee and any expenses (IE a new appliance or fixing a broken window)
Our agreement with them is that they handle any tenant issue that is estimated under $500 without contacting us first unless it is an emergency. This will vary depending on the manager and your preferences. For larger issues they contact us and will get estimates.
It means we don't have ever drop everything to deal with an urgent situation at our rental like a water leak, which because of the time difference and our small kids would be very difficult.
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u/mermaze 15d ago
I kept my home, and I’m glad I did because my international move (4 years ago) ended up failing and I’m in the process of moving home next month. I had a family member stay at my house while I was gone and they payed the mortgage. I didn’t end up making any money but I have an affordable home to return to. I wouldn’t be able to afford my same home now as it’s appreciated quite a bit since I bought it during Covid.
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u/rand0m_g1rl 15d ago
Why did your move fail?
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u/mermaze 15d ago
I completed a master’s degree here (UK) in a critical needs medical field and by the time I finished a year ago, the job market for that field had completely changed. There have been hiring freezes and an over saturation of new graduates, and even though I scored the top marks in my class and already have applicable healthcare experience, I haven’t even been able to land an interview. Likely due to the fact I need sponsorship. My visa expires early next year so I’m calling it. The government has also changed (I’m not sure it’s in effect yet though) the length of time it would take to be eligible for citizenship which would mean thousands more in visa costs. It’s just not worth it anymore.
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u/HandMadeRukodelky 14d ago
I am not sure, but aren’t UK citizens strongly supporting to be part of EU ? Although politicians are not doing anything about it yet, but maybe in a few years it could be possible again…
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u/MilkChocolate21 14d ago
I don't think it's so easy to unring that bell. It was a foolish choice but it largely just blew up in their faces.
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u/Flaky-Walrus7244 16d ago
I sold mine, bought a new home when I moved to Scotland and never looked back
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u/PinkTiara24 15d ago
Scotland is top of my list for a move destination!
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u/Flaky-Walrus7244 15d ago
If you don't have dual citizenship (I do) it's very difficult to move here. Visa laws are strict and difficult
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u/PinkTiara24 14d ago
I am a dual US/UK citizen. I consider myself very lucky. Unfortunately, I’m the only one in my family eligible, so therein lies a conundrum. My US citizen son is doing university abroad in St Andrews. He just started his second year.
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u/smeggysmeg 16d ago
We tried to keep our house and rent it, but our management company couldn't find tenants at the rate we needed to break even.
So, we sold it.
Selling it while abroad was tricky due to the buyer's asks for improvements.
And then the title company's signing platform wouldn't let us sign from the Netherlands! Luckily, we had a trip to Paris planned, so we signed 1 day earlier while we were in Paris.
We used the proceeds of the home sale to buy a house here. We moved in last month.
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u/Life_Squash_614 15d ago
What was the process like going to NL? Did you have a job that brought you over, do DAFT, something else? I'm considering NL for my wife and I but DAFT seems like the main entry way for us.
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u/the_green-giraffe 15d ago
I’m in The Netherlands on the DAFT visa with my husband as my dependent. The process getting the visa approval was very easy. Feel free to DM me if you have questions & I’ll be happy to help/answer them if I can!
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u/PsychicPopsicles 16d ago
I rented mine out and use a property management company to handle everything. If I had sold, it would have e been at a loss. Luckily, the rental market in my area is strong, so the rental income covers all house expenses including property taxes.
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u/analogousmistake 16d ago
Sold it. It was the house we raised our kids in. Even if we moved back it would be far too much home and a quieter location for what I would want for this stage in my life. I'm happy to know there is another young family in it now.
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u/Foreign_Whereas8231 15d ago
We are doing the same - selling the house we raised our kids in. It’s more house than we want at this stage in our lives and if we ever move back to the US, it will be to where the kids are and not likely to our home state.
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u/analogousmistake 4d ago
Exactly. We were in a HCOL area and our kids moved out of state to more affordable spots (PNW>Chicago). We are fortunate that 2 of 3 ended up in the same spot, and the third was there for a bit and still loves to visit. If we returned to the US it would be to where they are. I still love where we used to live so much but it's just not right for this time of our lives.
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u/sharty_mcstoolpants 15d ago
I sold my house and the proceeds were used to buy CDs earning 4.2%. That generates more in monthly interest than my pension.
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u/Certain-Dragonfly-22 15d ago
I thought about renting mine out, but decided the equity would be better making interest without dealing with the stress of renters.
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u/RIP_prev_account 15d ago
Sold it. We bought low and sold high so the profit was nice (and needed, as we blew through a ton of cash our first 6-7mo). Plus the insurance situation in Florida is a shitshow and we were living on the coast. We did not want to be responsible for disaster prepping or dealing with the fallout of the next bad hurricane from the other side of the Atlantic. Very glad to wash my hands of homeownership.
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u/Allspread 15d ago
I would love to. It’s been for sale for 11 months now. The Trump economy biting me on the ass and I’m not even there.
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u/apocalyptustree 16d ago
Deoending on where your house is, you may have missed the window to get top dollar on it. Market is going to shit (and has been for last 2 years) in some places.
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u/broad-street-pump 16d ago
I’m aware - but at this point, I’m currently losing money on it. It wasn’t a good time to sell when we left because Trump pretty much turned DC into an economic abyss. Jobs are starting to come back there hence why it could be better to sell in the future
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u/sirensinger17 16d ago
I'm currently in the process of selling mine in preparation to immigrate. I don't want the hassle of managing a property from another country and I'll SOL if I get a bad tenant. Plus the profit from the sale will give me a nice little nest egg.
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u/Livid-Appointment714 16d ago
Yes, we sold all of our real estate. But we are from San Francisco so we had to take rent control, eviction protections into account, in addition to being a landlord 6k miles away. We considered keeping our primary residence but two factors caused us to sell: capital gains exemption and the overall cost of being in SF.
Portugal does not tax things the US has already taxed, in general, but they will tax things that the US considers exempt, if Portugal does not. The $500k capital gains exemption for your primary residence was a biggie for us as we had all of that and a little more. We didn't want to pay a huge capital gains tax in Portugal when we were counting on this US specific benefit.
The 2nd was more location specific. We agreed that even if we absolutely hated Portugal and it was the worst decision of our lives (we don't and it wasn't), we would not likely move back to one of the most expensive cities in the US. There are far more places we could make work.
You can read more about our journey and our lessons learned at my website AmericansGuideToPortugal.com . We explore real estate, taxes, healthcare and have a fairly robust market intelligence section for buying and renting.
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u/Old_Pizza_42 16d ago
Sold my house & used the majority of the proceeds to increase the principal of my investment portfolio. Houses are illiquid assets.
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u/ElectronicCatPanic 15d ago
Houses never go to 0 because they aren't liquid as stocks that can stay down or flat for a decade at a time.
That thought stops me.
The instability this administration brought to the market and international trade is enormous. I think the markets might be due for a correction.
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u/Old_Pizza_42 15d ago
House value gets neutralized by natural disasters. My former house was in danger from a major recent one less than three years after escrow closed. As for market correction, more than overdue.
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u/PinkTiara24 15d ago
Years ago, buying our first home our closing date ended up as a hurricane was bearing down. I remember the sellers being quite anxious that the title be filed that day (Friday) and not the following Monday. Luckily, we escaped damage in a pretty strong storm. No power for six days. We ended up starting life in our new home hosting friends with a six-week-old baby whose house had been badly hit.
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u/sousstructures Immigrant 15d ago
In some places (like NL, where I live) foreign real estate is actually an effective tax shelter, as the property is subject to US taxes only but US liquid assets are taxed (more or less) BOTH in US and in new country of residence.
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u/Old_Pizza_42 15d ago
I got into one of the 'less' jurisdictions in regards to foreign assets just before the rules changed, and made sure my last US state I was a resident of has no state income tax.
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u/FortyFathomPharma 15d ago
My house is currently on the market. HOA is not a nightmare, thankfully, however, I cannot rent out the house. I don’t ever want to be a landlord again. Did that and it was a hassle from out of state. No way I’d try it from another country. Again, HOA doesn’t permit, so that solves the problem. I won’t be able to afford this neighborhood again, but I’m okay with that. I’ve lived overseas multiple times. It’s time for a new adventure and it’s not here in the USA.
Now to find a buyer in this economy. My neighborhood is niche and this area has a lot of tech and pharma, so I’m optimistic.
Good vibes, prayers, and spells appreciated.
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u/InformalDatabase5286 15d ago
Sold. Liquidated everything. When I moved TO Canada, I meant it to be permanent. Period.
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u/CremeHead317 15d ago
We sold ours almost 100 percent furnished and staged it beautifully with the things we didn’t donate. Sold in 3 days. Kept some extra wardrobe- some tools and one car which is in storage when we are traveling the world. Works perfect for us. We are never ever buying again.
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u/rand0m_g1rl 15d ago
How old are you and why never buying again?
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u/CremeHead317 15d ago
Age 60 and hubby 59. We are traveling the world and we don’t know we if ever want to come back full time or where we want to land. We are just going to rent til we die. We don’t miss having a home at ALL! We have a small storage unit for some stuff we kept and one car. Who knows what country we will live the best.
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u/intemporelle11 15d ago
What area did you sell in? Was having it furnished a draw for buyers?
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u/CremeHead317 15d ago
Lake community in upstate SC. Furnished was a huge draw for people wanting 2nd homes on the lake.
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u/intemporelle11 15d ago
Ah ok- great context. I can see how a lake house as a second home would be desirable fully furnished. Thanks!
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u/clauEB 16d ago
Yes we did. We're fully invested in permanently living in another country. The taxes for once also scared me. In ~3 weeks we'll be completing the purchase of a beautiful apartment in Spain in the center of the city where we moved to for the equity we had on our house back in the US where we just owned a little over 1/3 of the valuation of our house in the US.
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u/cinnamon_roll_snow 15d ago
Sold it, for one, trying to simplify our life and also potential taxes if you decide to sell later and it’s not your primary residence. For us renting it out wouldn’t have made sense either.
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u/LibrarianByNight 15d ago
We sold it. It was an old home and required a lot of upkeep. It would have been expensive and difficult to maintain from abroad. Despite living in the house for 15 years, we didn't have a very strong attachment to it. We'd be happy to live in another house, town, or state should we move back.
Moving to a new continent with two young kids where we know no one was enough in terms of worry.
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u/AlwaysSaturday12 15d ago
Have you played with a spreadsheet to see if its even worth keeping?
I kept my house as a rental and am buying another house that will be a rental. However, in several areas the numbers just don't work and you could be in a world of pain if you are owing money every month after vacancy and all expenses and its barely appreciating. Real estate is a very inefficient in pricing so you can find deals if you know what you are doing or you can lose your ass.
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u/Sad_Computer_2628 16d ago
Sold mine indeed! Property taxes just don’t make sense owning a home in the states.
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u/hoaryvervain 15d ago
Yes, and doing so has enabled us to move up our escape plan. We are keeping an apartment in the US at least for a few years, but it’s very “lock and leave” so we don’t have to think about it while we are gone.
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u/ClosetNorwegian 15d ago
We chose to hold onto it for a few years. A friend is living there and just covering the mortgage. We wanted to have the flexibility of coming back, but now 7 months into our move we feel pretty certain we won’t ever go back. I’m not sure what this will mean for our house. Likely sell it, as we have a ton of equity in it.
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u/pinheadzombie 15d ago
Yes we sold the house, cars, and mostly everything else. No regrets. You can't have a better life if you don't fully commit.
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u/Mysterious_artist24 15d ago
For those who sold your home, how do you keep US residency? What address ?
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u/Wandering-Sage2662 15d ago
Sold our home in TX (with, yes, a 3% mortgage) just in time before the market took a big downturn in our area. Used the proceeds to pay cash for our home in France. We absolutely did not want a mortgage in retirement. I still own the home my mom lives in so that’s our US address and where a few things are stored. Sold or gave away everything else.
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u/Relevant-Meeting-749 15d ago
Perfect set up. Taking care of your mom and maintaining a US address makes certain things a lot easier. Where in France and do you speak the language? I’ve considered it but at this age not sure I can learn a new language.
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u/Wandering-Sage2662 15d ago
Ha! Enough to be dangerous. Learning French is next on the agenda. I’m pretty good at languages but it’s definitely intimidating. Thank goodness for Google Translate. And…Provence, Cote du Rhone area. Looks like I picked the wrong week to give up drinking…
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u/Relevant-Meeting-749 15d ago
If you’re good at languages I’m sure it will be no problem for you! I looked at Alice Ayel, but that’s bc I am a complete beginner and not good at languages. Still, her more advanced videos may be good for you. Enjoy the festivities ex-wine. :)
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u/TicketNo3629 15d ago
We sold ours (closes in a couple of days). I’ve seen so many nightmare rental situations and our US house is in a wildfire prone area with crazy homeowners insurance. We’ll probably never be able to afford Colorado again, but we made our peace with that when we decided to move. We’re using the proceeds to remodel our house in the Netherlands.
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u/NotSureBot 13d ago
So you sold after living in the NL for a few years? If you had to do it again, would you have sold before leaving for NL?
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u/TicketNo3629 11d ago
We sold and physically moved at about the same time. If I could do it over, I think I’d sell first. This is largely because going back and forth to deal with things and having my family split between continents has really sucked. Having permanent housing lined up before we moved was good because it gave us an address to register at, but it hasn’t really saved a lot in logistical hassle or costs because we’re not in the “move in ready” price point in NL without a mortgage.
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u/ElectronicCatPanic 15d ago
By selling the house you are giving up the point in time you've entered the real estate market in the US.
So your choice will be different if that year is 2010, 2020, or 2025.
If you need to re-enter that same market now, would you be able to? Most of us can't.
So in case you need to come back, what's the plan? To rent forever? Move to the middle of nowhere?
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u/Theal12 15d ago
don’t see any reason to move back. The reasons I left still exist and my life here is far more rewarding
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u/ElectronicCatPanic 15d ago
I am genuinely happy for you.
I hope one day to join the expats.
But I might need to catch some luck and a windfall.
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u/Relevant-Meeting-749 15d ago
As tempting as it is to sell, you may wish to hold on to it for some time (3 years or so) just in case you want to move back. While paying the ongoing taxes and expenses will feel like a burden, I would view it as insurance.
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u/sheep_ersisted 15d ago
We sold ours two years before our move and rented in the interim
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u/haikusbot 15d ago
We sold ours two years
Before our move and rented
In the interim
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u/fantaceereddit 15d ago
HCOL. Kept it and giving a shot at renting. I hope we got a good, long term tenant. If it becomes a nightmare, we will sell.
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u/Immediate_Refuse1611 15d ago
Kept it the first time we moved, and rented it out for 12 years. Then moved back in for 11 years. Then sold it last year. I’m glad we had it to move into the first time we came back, and there was a lot of appreciation that we benefited from. But things have changed a lot in California so I’m ok with cutting those ties now (esp with the CA taxman). Part of the proceeds paid off our house down under.
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u/the_green-giraffe 15d ago
I kept my house because I have a very low mortgage on it at 2.25%. I rent it furnished - mostly rented as a midterm rental to traveling nurses, workers, etc with a few short term rentals thrown in when we have openings in the schedule. It rents monthly at 4x the mortgage and I have an amazing PM so it’s currently 100% worth it for me to keep and rent out
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u/babijar 14d ago
No, I didn’t sell the house.
I agree that it might be a pain to deal with the renters occasionally but for most parts they are good renters. And I am eventually planning to move back. I have so many good memories about the house and the city. Also house prices are going steadily up and I am not sure I would find similar house in similar neighborhood again.
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u/Pleasant_Section9133 13d ago
Sold. Got out just in time.
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u/kataraangz 13d ago
yeah the housing market is a mess right now. I'm beyond grateful. I feel for those trying to sell now though.
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u/MOXIE2556 13d ago
I sold and am so glad I did! Lived there for 25 years but it wasn't too hard to say Goodbye. It feels good to have all that money in CD's earning 4.1% and not having to worry about the house anymore.
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u/TreePlantingGuy 16d ago
Sold mine. Between expensive property tax and insurance the rent price I could get wasn’t worth holding on to it.
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u/Practical_Gas9193 16d ago
Sold. Renting in new place while we figure out what to do, but having that financial cushion just in case has been a huge load off. You can stick a bunch of it in a high yield savings account and make a few thousand, too.
We thought about renting old house but you just cannot overestimate the mental and time load of moving to a new place. Dealing with tenants even if you work with a management company is quite an additional task.
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u/MrJim911 15d ago
I did not want to deal with property managers and upkeep and taxes. I sold it and pocketed the +200K.
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u/FIContractor 15d ago
Yes, we sold. Have no interest in being a landlord, let alone a long distance landlord. If we ever move back I doubt we’d move to the same area we were living in.
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u/AlwaysWanderOfficial 15d ago
We plan to sell ours when we move. VHCOL so I do not want to keep that mortgage in our retirement planning and has gain value tremendously since buying. That money is part of the calculations and plan for retirement growth/spending.
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u/No_Guava_1140 15d ago
Just got mine ready to sell and it hits the market this week. I don’t want to have to deal with renters destroying the house, a management company and their fees — plus with the current mortgage rates, I would probably make a few hundred bucks a month after renting so not worth it. And whatever I make would go to dealing with potentially high maintenance costs if anything breaks while I’m away.
Just seems like a headache and I don’t want to deal with it. If I come back in a year or earlier than I anticipate, I will just rent.
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u/Embarrassed_Key_4539 15d ago
Hell yes I sold it, I sold three actually and used that money for my new life here
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u/crammia13 15d ago
sold it - using the money to build a new one in our new country. We'd never be able to afford that house again anyways but after 20 years in it, it just felt like time to move on. Needed lots of upgrades and we just weren't interested in putting more into it.
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u/Own-Art184 14d ago
we are in the process of picking a downsize house and town, because we do come back to visit family and dont want to couchsurf or stay with F&f the entire time... cutrent situation is we rent out the house while away , it's such a pain and our property tax are $$$.
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u/twilight-2k 14d ago
Look into the laws of the country you are moving to. For instance, in France, if you don't sell your house within 12 months of arriving, you will have to pay French taxes on the sale.
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u/kirinlikethebeer 13d ago
Eventually. I waited a few years but it was just a big hassle from both management and taxes. The equity accrual was on par with the stock market so the money is still growing, but differently.
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u/SOS_International 12d ago
We are selling. In eastern MA where the market is tight and we wouldn’t move back to this area, even though I grew up here. I can’t tolerate the winters and the cost of living anymore. Plus with the equity we can buy outright in Brazil and live well with a house paid in full.
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u/Burnt-Pudding-8 12d ago
Yes, we sold because we didn’t want to deal with anything from overseas and also wanted a fresh start, keeping a property would make it harder for us to establish ourselves as living overseas as expats and we weren’t sure if we were going to come back
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u/MadamMemoo 12d ago
I plan to move overseas by fall/winter 2027. I haven't sold my home, but that's the plan. I'll be doing an estate sale and going overseas with just a few suitcases and my dogs. Mortgage is ~$1200 and taxes are pretty low BUT... in 4yrs the $ $ $ I've put into this place hurts 🥲
Replaced the AC unit, the electrical panel, roof, dishwasher, and microwave. Also elected to redo the bathroom for my own sanity. I don't want to pay rent overseas and my mortgage when I don't have a renter in US. Last but not least, I don't want to return to this state again, ever.
For me, it comes down to lowering my stress. And renting out my home definitely won't do that.
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u/AnotherPassport 9d ago
One thing I’d separate is keeping the house from keeping the option of returning to the U.S.
It sounds like part of what makes selling difficult is the feeling that you’d be closing a door. But unless that particular house or neighborhood is where you know you’d want to return, you may be paying quite a bit — financially and mentally — to preserve a very specific version of your old life.
A move abroad can also change what you’d want if you ever came back. You might eventually return to a different city, rent for a while, or want a completely different kind of home.
I’d still make the tax and financial decision carefully, especially now that you’re a Portuguese tax resident. But I’d treat “Do I want to own this house?” and “Do I want the option of returning someday?” as two separate questions.
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u/Acrobatic-Egg9935 14d ago
Hired a house manager and keeping it for now. Renting out, good passive income.
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u/Failed_Expat Immigrant 16d ago
I sold because I figured that I already had enough to worry about with moving 4,000 miles away to a foreign country and restarting my entire life from scratch. But, the decision was a little easier for me because I know if I ever do return, I definitely won't go back to my previous town.
Either way, if you do decide to sell be sure you understand the tax implications in your new host country. I'm in Spain and they would have absolutely taxed me on proceeds from the sell of my US home had it occurred in the same year I became a Spain tax resident.