I'm a US citizen living in the UK. I filed my income taxes on the 1040 last year without issue.
However, I spun up a UK Private Limited Company in June 2020, not thinking about the possible ramifications.
The company is 'dormant' and has never had any income, assets or expenses...
Seemingly simple question but I can't find an 'straight' answer. Does anyone know or know where I can find out:
Can I use my self-directed US IRA to buy Mexican beach property through my setting up a Mexican Corp?
I think this is the only way....