The seller is foreign, but the real estate contract doesn't flag FIRPTA. Who catches it? Learn why early FIRPTA identification matters to buyers, Realtors, principal brokers and closing professionals.
FIRPTA can be straightforward until something goes wrong. Learn why experience, breadth of services and the ability to handle difficult cases matter when evaluating a FIRPTA services provider.
Many foreign sellers mistakenly believe FIRPTA withholding is the final U.S. tax. In reality, it is only a withholding against the final tax liability. Learn how a series of overlooked steps can ultimately result in losing hundreds of thousands of dollars—and how proper planning can prevent it.
What Happens If FIRPTA Is Discovered After Closing? Most FIRPTA issues are resolved before closing. Unfortunately, not all of them are. When FIRPTA compliance problems are discovered after the transaction has closed, resolving them often becomes more complicated, more time-consuming, and more expensive. Why This Matters Under FIRPTA, the buyer is generally responsible for ensuring the required withholding is properly handled and remitted to the IRS when purchasing U.S. real e