Sale of Personal Property
Seller's Tax Home
Generally, gain or loss from the sale or other disposition of personal property is sourced according to the seller's tax home.
Personal property includes:
There are special rules for gains from disposition of certain investment property (for example, stocks, bonds, debt instruments, diamonds and gold) owned by a U.S. citizen or resident alien prior to becoming a bona fide resident of a possession. For more information see Publication 570.