reputable escrow companies: What is FIRPTA? Understanding the facts about FIRPTA
- 06/06/12 03:38 PM
What is FIRPTA? Understanding the facts about FIRPTA
FIRPTA is the acronym for Foreign Investor Real Property Tax Act. The disposition of US Real Property interest by a foreign nations is subject to the Foreign Investment in Real Property Tax Act of 1980 (also know by most as FIRPTA) income tax withholding. Basically what it means is that the United States is authorized to tax foreign person on the sale of US Real Property.
If you have a Foreign National who is selling Real Property at least in California, most Escrow Companies will follow the instructions of the principals in … (39 comments)
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reputable escrow companies: The Importance of using a Reputable, Respected & Trusted Title & Escrow Company
- 04/15/11 09:38 AM
The Importance of using a Reputable, Respected & Trusted Title & Escrow Company
The Importance of using a Reputable Respected & Trusted Title & Escrow Company has become more important than ever. It made me think how critical a Trustworthy Escrow & Title Co. is in our everyday transactions.
As I was reading The FBI's (Federal Bureau of Investigation's) Baltimore press- release dated April 08, 2011. I was just floored by the headline: "Title Company Owner Pleads Guilty to Wire Fraud in Connection with Mortgage Scheme Involving Losses of Over $2.2 Million Was a Fugitive for Almost a Year".
Wow now … (7 comments)
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What is FIRPTA? Understanding the facts about FIRPTA
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