Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Transfer money from a real estate sale in India to the US
How would I go about doing this? Are there any tax laws I should be worried about? Just report it as a regular sale of asset on your form 8949 (or form 4797 if used for trade/business/rental). It will flow to your Schedule D for capital gains tax. Use form 1116 to calculate the foreign tax credit for the taxes on the gains you'd pay in India (if any).