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FIRPTA: The Agent's Must-Ask Question If you're unsure whether the seller is subject to FIRPTA, ask your title company if they will sign an Affidavit of Non-Foreign Interest. This simple step protects your buyer from unexpected tax withholding liabilities. Closing complex deals requires legal expertise. Get the attorney advantage on your next transaction with Landtrust Title. Call us: (407) 675-4722 Email us: ahmad@landtrusttitlecfl.com #titlecompany #TitleInsurance #RealEstate #realestateagent
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Ever heard of FIRPTA? 👀 It’s one of those forms that shows up in a real estate deal, everyone nods like they know what it means… until escrow asks for it and the room goes quiet 😅 Here’s the truth 👇 FIRPTA stands for Foreign Investment in Real Property Tax Act — a federal law that applies when a seller is not a U.S. citizen or resident. The goal? To make sure the IRS 💰collects any taxes owed before the seller takes their sale proceeds overseas. So where does the Seller’s Affidavit come in? T
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