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Thanks for your reply!

Thanks for your replies. You've been a great help. Once I come to know for sure I will let you know what the rules are.

I am getting an error when attaching a link as it says I am allowed to post URLs to other sites only after I have made 15 or more posts. Google these exact words...NRI's guide to buying property in India. The Times of India article is dated July 22, 2011. Deepa Venkatraghvan is the author...

Thank you so much for the quick reply. I did not realize that one has to report to the IRS here in US if they have a property under their name in India. If the Indian property is not generating any income at all will the IRS tax me here in US? A couple of weeks ago I saw an article on Times of...

Is it true that if an NRI/PIO/OCI inherits a property, like an apartment, in India from parents (who are living in India) then he/she will have to pay income tax even though the property is being used by family and not rented out? Also its not counted as the primary residence for the NRI/PIO/OCI...