Working with Canadian Sellers
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
Navigating Estate Tax Returns for Nonresident Aliens: A Guide to Compliance
When a nonresident alien passes away owning U.S. real estate, their estate may be subject to U.S. estate tax. If the total value of the
FIRPTA and LLC-Owned Properties: Key Considerations for Real Estate Transactions
Foreign investors frequently use Limited Liability Companies (LLCs) to hold U.S. real estate, including residential, commercial, and vacation properties. While LLCs may offer liability protection
Timeshares and FIRPTA: What Foreign Investors Need to Know
Foreign investors have long viewed the U.S. real estate market as a secure and profitable investment opportunity. Timeshares, in particular, provide a flexible way to
The Rise of International Investors: What Real Estate Agents Need to Know About FIRPTA
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
Understanding FIRPTA Exemptions and How They Apply to Your Clients
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