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Sun Blog: House and Home

House and Home

FIRPTA Foreign Investment in Real Property Tax Act

FIRPTA Foreign Investment in Real Property Tax Act The United States Federal Tax Law requires that a foreign citizen who sells real estate owned in this country pay taxes on the profit of such sale. To insure that the tax is paid, 15% of the proceeds at closing are withheld and transferred to the United States Treasury. The 15% withholding is mandatory if the seller is a … [Read more...] about FIRPTA Foreign Investment in Real Property Tax Act

National Flood Insurance Program NFIP

National Flood Insurance Program (NFIP) US Senators from New Jersey, Cory Booker and Bob Menendez have written a letter to Federal Emergency Management Agency (FEMA) calling for changes to the National Flood Insurance Program (NFIP). The letter states that the agency that oversees flood insurance for millions of homes in vulnerable areas has done too little to mitigate the … [Read more...] about National Flood Insurance Program NFIP

HURRICANE SEASON IS HERE – BE PREPARED!

By Debra Mann, REALTOR, Suncoasteam Realty Contact Debra: 941-626-0744, debra@suncoasteam.com Hurricane season is here again (the season runs from June 1- November 30). With the peak of the season being mid August to late October, it is a good idea to think about getting prepared early, even though our seasons have been relatively quiet in Florida since 2004 & 2005 (and … [Read more...] about HURRICANE SEASON IS HERE – BE PREPARED!

HURRICANE SEASON IS HERE – BE PREPARED!

By Debra Mann, REALTOR, Suncoasteam Realty Contact Debra: 941-626-0744, debra@suncoasteam.com Hurricane season is here again (the season runs from June 1- November 30). With the peak of the season being mid August to late October, it is a good idea to think about getting prepared early, even though our seasons have been relatively quiet in Florida since 2004 & 2005 (and … [Read more...] about HURRICANE SEASON IS HERE – BE PREPARED!

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Suncoasteam Realty, LLC
Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@suncoasteam.com