Melissa Moore

When it comes to real estate transactions involving foreign sellers, FIRPTA (the Foreign Investment in Real Property Tax Act) is not something to take lightly. One of the most common—and costly—mistakes we see is failing to properly screen sellers at the start of the transaction. A small oversight can lead to major tax implications, delays,

As a tax professional specializing in FIRPTA (Foreign Investment in Real Property TaxAct), I work exclusively with foreign sellers. Over the past few months, I’ve seen anotable increase in Canadian clients looking to sell their U.S. real estate—and I’msure I’m not alone. If you’re a title agent, real estate attorney, or real estate agent,this shift

The U.S. real estate market has long been a magnet for international investors seeking stable and lucrative opportunities. As global interest grows, real estate agents must familiarize themselves with the Foreign Investment in Real Property Tax Act (FIRPTA). Familiarity with its provisions is critical for ensuring compliance and avoiding unexpected challenges during transactions involving foreign

EXPLORING SITUATIONS WHERE FIRPTA WITHHOLDING MAY NOT BE REQUIRED. Navigating the Foreign Investment in Real Property Tax Act (FIRPTA) can be challenging, but understanding its exemptions is essential for real estate professionals and their clients. While FIRPTA typically requires buyers to withhold a portion of the sale proceeds when purchasing U.S. real property from a

MAKE FIRPTA EDUCATION A 2025 PRIORITY As 2025 kicks off, it’s the perfect time to set your real estate education goals. Whether you’re working with buyers or sellers, staying informed about FIRPTA (Foreign Investment in Real Property Tax Act) is key to a smooth transaction. Many real estate and closing agents overlook FIRPTA until it’s

Fraudulent POA in FIRPTA Transactions: How to Protect Your Deals In real estate, granting a Power of Attorney (POA) allows someone trusted to manage the sale of property on behalf of the owner. However, recent cases have revealed a rising concern: fraudulent POA in FIRPTA transactions, particularly involving foreign sellers who may no longer be

Understanding Why Power of Attorney Matters in FIRPTA Transactions When navigating U.S. real estate sales as a foreign investor, understanding why Power of Attorney matters can make all the difference. A Power of Attorney (POA) is a legal tool that lets someone act on your behalf—crucial when managing property sales under the Foreign Investment in