Nov 22 Real Estate Trends – Foreign Sellers
Acquiring U.S. real estate from a foreign seller? Make sure you are familiar with your filing obligations under FIRPTA. ...
Acquiring U.S. real estate from a foreign seller? Make sure you are familiar with your filing obligations under FIRPTA. ...
According to the IRS, most types of U.S. source income paid to a foreign person are subject to a withholding tax of 30 percent. This income may include earnings from real estate trade/business, passive rental income or sale of property. Read more...