FIRPTA Withholding & 1031 Exchange

At OGC Associates P.A., one of our grounding missions is to provide top-notch assistance to each of our clients, no matter what service they require. Our highly qualified tax accountants go to work for you, ensuring that you have what you need from a team of dedicated tax advisors who believe in putting you first. As a part of our dedicated commitment, we are proud to offer assistance with the Foreign Investment in Real Property Tax Act.

What is the Foreign Investment in Real Property Tax Act?

The Foreign Investment in Real Property Tax Act (FIRPTA) is a Federal Government guideline that applies to any property being sold in the US by a non-resident. In an effort to put an end to capital gain on tax revenue from the sale of any real property, this type of withholding poses problems for many of our customers who wish to sell the property in which they reside.

How we can help establish the correct rates of withholding?

While educating yourself on how FIRPTA works can help bring to light some of the tax problems associated with the sale of your property, it is much more critical that you work with a professional who understands everything you need to know to combat that problem. At OGC Associates P.A., we are the tax accountant professionals who can help ensure that your real property interest is an actual interest and provide you with a fair rate of withholding, making certain that your deal is successful, within a timely manner.

At OGC Associates P.A., we can take care of your 1031 Exchange too

As an investor trying to sell a property to reinvest into a new property, you need to know about how a 1031 Exchange can affect you. Because it is crucial to have comprehensive knowledge of the exchange process and the Section 1031 code, we offer you tax services to help make things easier to understand and act upon.
By helping you defer your capital gain on taxes, you are able to see significant growth and increased value on your return. In order to access the full potential of tax benefits received from you property sale, you need OGC Associates P.A.

At OGC Associates P.A., one of our grounding missions is to provide top-notch assistance to each of our clients, no matter what service they require. Our highly qualified tax accountants go to work for you, ensuring that you have what you need from a team of dedicated tax advisors who believe in putting you first. As a part of our dedicated commitment, we are proud to offer assistance with the Foreign Investment in Real Property Tax Act.

What is the Foreign Investment in Real Property Tax Act?

The Foreign Investment in Real Property Tax Act (FIRPTA) is a Federal Government guideline that applies to any property being sold in the US by a non-resident. In an effort to put an end to capital gain on tax revenue from the sale of any real property, this type of withholding poses problems for many of our customers who wish to sell the property in which they reside.

How we can help establish the correct rates of withholding?

While educating yourself on how FIRPTA works can help bring to light some of the tax problems associated with the sale of your property, it is much more critical that you work with a professional who understands everything you need to know to combat that problem. At OGC Associates P.A., we are the tax accountant professionals who can help ensure that your real property interest is an actual interest and provide you with a fair rate of withholding, making certain that your deal is successful, within a timely manner.

At OGC Associates P.A., we can take care of your 1031 Exchange too

As an investor trying to sell a property to reinvest into a new property, you need to know about how a 1031 Exchange can affect you. Because it is crucial to have comprehensive knowledge of the exchange process and the Section 1031 code, we offer you tax services to help make things easier to understand and act upon.
By helping you defer your capital gain on taxes, you are able to see significant growth and increased value on your return. In order to access the full potential of tax benefits received from you property sale, you need OGC Associates P.A.

For help with your FIRPTA withholding and 1031 Exchange, get in touch with one of our qualified team members today.



ogc@ogcassociates.com

(954) 708-2817

(954) 200-1945