Next Meetup

Foreign Investment in Real Property Act and why YOU should care.
FIRPTA – Foreign Investment in Real Property Tax Act. Did you know if you buy a property from a foreign seller you might be subject to 15% IRS tax withholding? We are having a Meetup on October 25th to educate consumers (you, the buyers, and the sellers) on how it will effect you. 1. Who is responsible to pay the tax? 2. IRS remedies for non compliance 3. Additional documents and addendums needed 4. Withholding amounts and requirements 5. Risks to the buyer and how to protect you 6. Best practices to ensure compliance 7. IRS Forms needed from buyer, yes you buyer, and seller at closing. 8. Importance of having the right team in your corner. We are seeing more and more foreign sellers. This is a great opportunity to learn and arm yourself with the right tools. Don't miss this Meetup. RSVP early.

John L Scott Real Estate

11040 Main Street #200 · Bellevue, WA

What we're about

This group is for anyone interested in networking and investing in real estate. We will have monthly meetups with lots of valuable information to landlords and investors. Make sure to join our FB group “Seattle Real Estate Investing with Nelya”, we live stream Meetups for those that aren’t able to attend in person.

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