Are you working with Foreign Sellers? Are you aware of FIRPTA- The Foreign Investment in Real Estate

FIRPTA is a tax law that imposes U.S. income tax on foreign persons selling U.S. real estate. Under FIRPTA, if you buy U.S. real estate from a foreign person, you may be required to withhold 10% of the amount realized from the sale. The amount realized is normally the purchase price 1 HR CE/ Cost $10