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.
In many FIRPTA transactions, withholding may be lawfully reduced before closing through a properly prepared and timely submitted Form 8288-B withholding certificate application. Can FIRPTA Withholding Be Reduced Before Closing? Yes—in many transactions, it may be possible. Many foreign sellers are surprised to learn that FIRPTA withholding may be reduced before closing through a properly prepared and timely submitted Form 8288-B Withholding Certificate Application. Why This M