Discuss FIRPTA at the Start – Realtor

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Discuss FIRPTA at the Start – Realtor

Florida has the highest percentage of foreign investments in real estate within the U.S. Real estate professionals need to advise a foreign person selling a U.S. real property to address the Foreign Investment in Real Property Tax Act (FIRPTA) requirements with their tax professional at the start of the selling process to prevent issues or delays at closing. This helpful handout explains FIRPTA and how real estate professionals can help foreign owners navigate this process smoothly.

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