Discuss FIRPTA at the Start – Consumer

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Discuss FIRPTA at the Start – Consumer

Florida has the highest percentage of foreign investments in real estate within the U.S. Buyers of a U.S. real property interest owned by a foreign person need to understand the Foreign Investment in Real Property Tax Act (FIRPTA) requirements at the start of the transaction to prevent issues or delays at closing. This helpful handout explains FIRPTA and buyers’ and sellers’ responsibilities.

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