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Don’t forget about FIRPTA when Home Buying

 What is FIRPTA?   F.I.R.P.T.A. is an acronym for Foreign Investment Real Property Tax Act.  It was established in 1980 for the purpose of withholding the estimated amount of taxes which may be due on the profit  of the disposition of a U.S. Real Property Interest from foreign persons.  10% of the gain on the sale […]

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