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FIRPTA & Selling House In Vomerica

andhra_jp

By andhra_jp
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andhra_jp Sr. Hero

andhra_jp

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Posted

Seen this post in FB Forum

 

What is FIRPTA? I am on H1B and planning to leave the US mid of this year, so preparing to sell my house. Realtor shared a net sheet (with hypothetical selling price) with me that has 15% FIRPTA withholding. I didn't expect this and as or now I am pretty mad about my little hard earned equity eaten by FIRPTA. Is there a way to avoid it?

One Reply

Rent your home and give it to realtor to take care. Get a visitor's visa to US. Why sell? Sell when mkt is better

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