Divide this text into sentences and correct mistakes: Applause Music okay. I'm very excited to have on the Goldstein on Gelt show Stacey Collier, who is a US CPA. She specializes, however, with US citizens who live outside the United States and she's based in Houston, Texas and deals with people all around the world. Now Stacey, one of the things that happens to me a lot is I meet with US citizens who live in Israel and they proudly tell me about the investments that they're doing in their local Israeli bank. Like they buy mutual funds here or they buy ETFs here. And then I have to tell them a little bad news, what's the bad news that I am telling them? Well, hi, thank you so much for having me on the show. And you are right, investments and mutual funds that are registered outside of the US cause tremendous nightmares for both the US citizen and their tax preparers when it comes to doing the tax return. And what many of them are not aware of is that these investments, by the time you determine the potentially punitive tax effects in the United States plus their compliance cost for preparing the forms that are necessary, that often these funds are not going to generate any sort of positive return on their investment. So let's simplify a little bit. I just want to make sure everyone's on the same page, because oftentimes people think it sounds so simple. Let's say that I'll use my example, an American living in Israel. He's moved to Israel permanently. He goes into the bank and he puts a hundred thousand dollars into, you know, the Israeli XYZ Israeli mutual fund. You know, a year later he sends you his tax returns, as, "Hey, Stacey,...
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