REAL TidBits Series: FIRPTA

Real Estate Lowdown
04/01/2023 19 min Episodio 29
REAL TidBits Series: FIRPTA

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Episode Synopsis

The Foreign Investment in Real Property Tax Act: what does it mean, when it applies and who it affects? We're covering the fundamentals of this additional and automatic 10-15% taxation of the gross proceeds of the property, on a foreign seller taking their money out of the US market through the sale of real estate.To learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/

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