What is FIRPTA? - Foreign Owners - Investing in Cape Coral Real Estate - Cape Coral Homes For Sale
Channel: Cape Coral Lots
Date: 2023-03-30

Some real estate in Cape Coral and SWFL is owned by foreign property owners. At some point there comes a time when the foreign property owner is ready to sell their piece of real estate here in Cape Coral Florida. There are some very important factors to consider when selling a property in the United States as a foreign owner. One of the most important things to consider is FIRPTA.

Are you a foreign property owner or investor? If so, it is important to understand FIRPTA and what that means when you are ready to sell your real estate in the United States. FIRPTA stands for the Foreign Investment in Real Property Tax Act. It requires the buyer to withhold up to 15% of the gross sales price if the seller is considered a foreign owner. 

If you are a foreign property owner looking to sell your real estate here in Cape Coral Florida, it is important to contact an expert to guide you through the law and regulations of FIRPTA. We recommend contacting Julie Lepore with Total FIRPTA LLC: 

TOTAL FIRPTA LLC
239-266-8516
totalfirpta.com

www.capecorallots.com
📲239-230-3930
📧 info@capeshorerealty.com

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