CPAofflorida WOW – Tax Gotchas Of Non US Persons Selling US Real Estate

Janet Noack, CPA WOW Words of Wealth Podcast

This podcast will address whether a non-US person has a US tax return filing requirement. It will also cover the specific examples of whether a rental property has an annual filing requirement or not vs. a personal use property. FIRPTA withholding requirements will be discussed and an example of how to eliminate the FIRPTA withholding based on an allowable exception to the legislation.