2 days ago

Ep. 9 - FIRPTA Explained

Michael C. Haas, CPA breaks down the Foreign Investment in Real Property Tax Act (FIRPTA) and what it means for real estate transactions involving foreign sellers.

Learn how FIRPTA withholding works, who is responsible for withholding, and how it impacts buyers, sellers, and escrow professionals. Michael explains the key rules, common misconceptions, and why understanding FIRPTA is critical to staying compliant and avoiding costly mistakes at closing.

#FIRPTA #RealEstateTax #Escrow #WithholdingTax #ForeignInvestment #RealEstate #TaxCompliance #CPA #DebitsAndCreditsPodcast

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