Mortgage options, FIRPTA, foreign national loans, US estate tax, and closing costs for Gulf Coast real estate.
Property Taxes in Florida: What Every Buyer Should Know Florida property taxes are a pleasant surprise for many buyers — there is no state income tax, and homestead exemptions can lower your bill. But rates, assessments, and the Save Our Homes cap vary by county. Here’s what every buyer should know about Florida property taxes…
US Estate Tax: What Foreign Property Owners Must Know US estate tax can catch foreign property owners off guard: non-residents face a much lower exemption than U.S. citizens, and Florida real estate counts as a U.S.-situated asset. If you own — or plan to buy — Gulf Coast property from abroad, here’s what you need…
FIRPTA: What Foreign Property Sellers Must Know FIRPTA — the Foreign Investment in Real Property Tax Act — requires buyers to withhold a percentage of the sale price when a foreign person sells U.S. real estate. If you are a non-resident selling Florida property, understanding FIRPTA is essential to avoid delays and over-withholding. If you…
Foreign National Loans: Financing Florida Real Estate from Abroad Foreign national loans let international buyers finance U.S. property without a Social Security number or U.S. credit history. Rates and down payments differ from conventional mortgages, but the door is wide open. Here’s how foreign national loans work for buying on Florida’s Gulf Coast. You do…
