If you’re selling U.S. real estate as a foreign national, FIRPTA (Foreign Investment in Real Property Tax Act) might require the buyer to withhold 15% of the sale price. But here’s the good news — a withholding certificate can reduce or eliminate that amount!
This certificate is issued by the IRS and shows that the actual tax due is less than the standard withholding. It’s a smart move if you want quicker access to your funds and less money held up during the process.
At Firpta Tax Returns, we help clients navigate this process with ease — from application to approval. Don’t let FIRPTA hold your money hostage.
So, reach out today and let’s get your withholding reduced the right way!
Learn more: https://firptataxreturns.com/