Whether you’re a Withholding Agent, Transferor, Transferee, or a real estate professional, our experts offer clear, step-by-step guidance to help you determine your eligibility, ensuring you avoid delays and remain compliant.
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FIRPTA Refunds in Florida: How Local Expertise Empowers Your International Real-Estate Transaction
Florida’s booming real estate market continues to attract international buyers, but selling U.S. property as a foreign investor comes with its own set of tax hurdles—especially under FIRPTA. While the federal withholding process may seem daunting, the good news is that much of what’s withheld can often be reclaimed. That’s where we come in. With deep local knowledge and a hands-on approach, our Florida-based team at TFG ensures your FIRPTA refund is fast, accurate, and stress-free. Learn how expert guidance turns tax complexity into opportunity—so you can invest smarter in the Sunshine State.
FIRPTA Refunds 101: Recover Your Money from Excess Withholding on U.S. Property Sales
Sold property in the U.S. and had part of your proceeds withheld? You might be entitled to a refund. This guide breaks down how FIRPTA works, why you may have been over-withheld, and how to get your money back. Learn the steps to claim your refund and avoid leaving money on the table.
Realtors, Get Ahead: How Mastering FIRPTA Refunds Can Close More Deals
Mastering FIRPTA refunds can help you close more deals and build client trust. Learn how this often-overlooked tax detail can set you apart.
FIRPTA Refund FAQs
Got questions about your FIRPTA refund?
Find quick answers to the most common questions about the process, fees, and timelines.
What is FIRPTA?
FIRPTA, or the Foreign Investment in Real Property Tax Act of 1980, is a U.S. law that mandates tax withholding on the sale of U.S. real estate by foreign sellers. While often mistaken for a tax, FIRPTA is actually a withholding mechanism created by the Internal Revenue Service of the United States (IRS) to ensure that foreign individuals and entities meet their tax obligations on any gain from the sale.
Who is responsible for withholding under FIRPTA?
The buyer of a U.S. real estate property from a foreign seller is responsible for withholding 15% of the property's gross sale price at closing. This amount must then be submitted to the IRS in compliance with FIRPTA regulations.
Who is considered a foreign seller under FIRPTA?
The buyer of a U.S. real estate property from a foreign seller is responsible for withholding 15% of the property's gross sale price at closing. This amount must then be submitted to the IRS in compliance with FIRPTA regulations.
What if the seller is not a foreign person?
If the seller is not a foreign person, they can provide the buyer with a Certification of Non-Foreign Status. This certification confirms their exemption from FIRPTA withholding, and the buyer must retain it for their records.