FIRPTA
South Florida FIRPTA Title & Closing Services
FIRPTA (Foreign Investment in Real Property Tax Act) is a federal law that requires non-resident aliens who sell US real property to withhold 10% of the sale proceeds and remit it to the Internal Revenue Service (IRS) as a prepayment of any taxes owed. The law applies to the sale of any real property, including residential and commercial properties, located in the US by a foreign person or entity.
In a title & closing transaction, the title & closing company is responsible for ensuring that the FIRPTA requirements are met, including collecting the required 10% withholding and remitting it to the IRS. The title & closing company also provides the seller with the necessary FIRPTA certificates, which serve as proof that the withholding requirements have been met.
FIRPTA services are for foreign individuals or entities who are selling US real property and for the buyer of the property who needs to ensure that the seller has met their FIRPTA obligations. The services are also for real estate agents and other professionals involved in the transaction who want to ensure that the FIRPTA requirements are being properly met.
At Closings.com, we understand the complexities of the FIRPTA requirements and we are here to make sure that your real estate transaction is a success. Our team of experts is knowledgeable in FIRPTA regulations and will ensure that all requirements are met, including collecting the required 10% withholding and remitting it to the IRS. We also provide the seller with the necessary FIRPTA certificates, so that you have peace of mind knowing that your transaction is in compliance with all relevant laws and regulations.
Whether you are a foreign individual or entity selling US real property, a buyer of the property, or a real estate agent or professional involved in the transaction, Closings.com has the expertise and experience to help you navigate the FIRPTA requirements. Contact us today to learn more about our FIRPTA services and how we can make your real estate transaction as smooth and stress-free as possible.
Our Rate of Closing Deals is Unbeatable!
Attorney Owned & Operated
Proven Track Record
Quick Response
We'd Love To Hear From You! Contact Us Today
Main Office
Miami, Florida
1124 Kane Concourse
Bay Harbor Islands, FL 33154
Give Us A Call
(305) 861-8000
Mon - Fri: 9:00 AM - 5:00 PM
Sat-Sunday: Closed
Email Us
info@closings.com
Email Us Anytime
We'll Be In Touch
See Why Our Clients Love Us
Over the years, we’ve had the pleasure of working with some great clients. See why they keep coming back.
Maily Olivera
via Google
People service is very helpful you recommend every person that is buying a house or is doing a real estate transaction to go here.
Raluca 305
via Google
Very professional and the very best closing company in South Florida.
Humberto Morejon
via Google
(Translated by Google) Very good business to buy houses Thank you very much for helping us.
Ruben Luciow
via Google
Best place to have your Real Estate closings.          Â
Todd N.
via Yelp
We recently refinanced our house. Closings.com was thorough and held out hand throughout the entire process. There is so much paperwork and numbers to deal with when closing or refinancing and it was quite overwhelming. John Penson and the staff at Closings.com were really great in helping us understand the paperwork, the numbers and the process. I highly recommend them to anyone that wants a professional and competent real estate attorney to review their paperwork and help you through the closing process. Thank you!
Title & Closing Services
Schedule An Appointment
At closings.com, our goal is to ensure that your deals close in a professional and timely manner. Speak with a title & closing professional today.