The Foreign Investment in Real Property Tax Act (FIRPTA) affects foreign individuals who sell U.S. real estate, and one way to mitigate the tax implications is through the FIRPTA Exemption...
Real estate transactions involving foreign sellers in the U.S. can be quite complex, particularly due to the provisions of the Foreign Investment in Real Property Tax Act (FIRPTA). FIRPTA requires...
Are you selling a U.S. property as a foreign investor? Then you’ve likely come across FIRPTA, the Foreign Investment in Real Property Tax Act, which requires a withholding of up to 15% of the...
Have you ever sold a property in the U.S. and had FIRPTA withholding taken out? If that’s the case, you might be wondering how to get that money back. Good news: it’s totally doable! Here’s a...
Picture this: You have got a great offer on your U.S. property, and you are all set to close the deal. But then, you hear about FIRPTA withholding. What now? How do you keep your hard-earned money...
FIRPTA, the Foreign Investment in Real Property Tax Act, stands as a pivotal but often misunderstood component of real estate transactions involving foreign investors in the United States. Designed to...
Are you in need of an Individual Taxpayer Identification Number (ITIN) but unsure how to go about it? If you don’t have a Social Security number and aren’t eligible to get one...
In the complex landscape of U.S. tax regulations, foreign individuals and entities often encounter challenges when applying for Individual Taxpayer Identification Numbers (ITINs). However, with the...
In today’s global real estate market, overseas investors face various challenges when it comes to navigating FIRPTA refund procedures. As a foreign investor selling property in the United...