Foreign Investment in Real Property Tax Act (FIRPTA) – What You Should Know

[caption id="attachment_1269" align="aligncenter" width="1000"] Foreign Investment in Real Property Tax Act (FIRPTA) - What You Should Know[/caption] The Foreign Investment in Real Property Tax Act, also known as FIRPTA, is a tax act that has been around since the 1980’s. This act is designed for the government to protect property interests in the United States, therefore regulating foreign investments in…