Sun Blog: Real Estate News & Information

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 […]

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Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015

Real Estate Sales Reports for Single Family Homes sold in Charlotte and Sarasota Counties in the 30 days prior to 9/5/2015 During August, 2015 there were 1,037 single family homes reported sold in the MLS of Charlotte and Sarasota Counties. Ave. Listing Price: $302,862 Ave. Selling Price: $289,067 Ave. Selling Price as a Percent of […]

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