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Link: https://theamberpost.com/post/demystifying-firpta-withholding-when-and-why-does-it-matter

Demystifying FIRPTA Withholding: When and Why Does it Matter?

In certain circumstances, a reduced FIRPTA withholding rate may apply. This reduced rate can significantly benefit foreign sellers, as it allows them to retain more of their sales proceeds. To qualify for reduced withholding, the seller must meet specific criteria, such as using the property as a primary residence for a certain period. By exploring FIRPTA-reduced withholding options, foreign sellers can maximize their returns from the transaction, making U.S. real estate investments even more appealing.
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