File Form 1040-NR within 2 years of the sale. We’ll help document capital gains and claim your refund.
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×FIRPTA Application
The Foreign Investment in Real Property Tax Act (FIRPTA) requires foreign sellers to pay taxes on U.S. real estate sales—but navigating IRS withholding rules can cost you time and money. At HOF Tax & Accounting LLC, we specialize in FIRPTA compliance services, ensuring proper 10-15% withholding, timely Form 8288 submissions, and issuance of FIRPTA Certificates to release funds faster. Whether you’re a foreign investor, non-resident, or buyer safeguarding transactions, trust our IRS-certified experts to eliminate penalties and delays.
What is FIRPTA & Who Needs It?
FIRPTA mandates that foreign persons selling U.S. real property pay taxes on gains. The buyer or closing agent must withhold 10-15% of the sale price (unless exceptions apply) and remit it to the IRS. Common scenarios requiring FIRPTA compliance:
Our FIRPTA Compliance Services
Avoid IRS headaches with our full-service FIRPTA support:
Don’t let IRS red tape stall your real estate transaction. HOF Tax & Accounting LLC offers:
Avoid Costly FIRPTA Mistakes
Common FIRPTA errors that delay closings or trigger audits:
Helpful Faq
File Form 1040-NR within 2 years of the sale. We’ll help document capital gains and claim your refund.
No—buyers must withhold unless the seller provides a valid FIRPTA Certificate or exemption.
You may qualify for zero withholding. We’ll prepare a Withholding Certificate Request to prove losses.
Yes! Foreign investors in U.S. Real Estate Investment Trusts must comply with FIRPTA on distributions.
At HOF Tax & Accounting LLC, we are committed to delivering top-quality tax and financial services with precision and professionalism.
