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FIRPTA = Not A Dirty Word…

Posted by Property Guiding

What is FIRPTA? It is an acronym for the Foreign Investment in Real Property Tax Act. It was enacted back in 1980 and requires withholding and remittance of 10% of the amount realized by the foreign seller of a US real property interest. Read the rest of this entry →

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Tags: Buyer, Domestic Corporation, Easement, Estate, Exemption, Fee Simple, FIRPTA, Foreign Corporation, Foreign Investment in Real Property Tax Act, Foreign Partnership, Form 8288, Form 8288A, Form 8288B, Fort Myers, http://www.kristenpell.com/idx/index.php, HUD, Jennifer Ferri, Leasehold, Loan, Non-Foreign Affidavit, Preliminary HUD, Property Guiding, Resident Alien, Short Sale, SWFL Real Estate, Title Junction, Title Work, Transferee, Trust, US Citizen, US Real Property, US Real Property Interest, Witholding

Vocab – Lesson 2

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LESSON 2 Read the rest of this entry →

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Tags: Administrator, Administratrix, Buy a Home, Buyer, Closing, Deed, Estate, Executor, Executrix, Fiduciary, Grant, Grantee, Grantor, Guardian, Heir, Intestate, Jennifer Ferri, Joint Tenancy, Land, Life Estate, Occupancy, Ownership, Personal Representative, Probate, Property Guiding, Realtor, Seller, SWFL Real Estate, Tenancy by Entirety, Tenancy in Common, Title Junction, Title Work, Trust, Trustee, Will, Written Instrument