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 PDF Affidavit of No Florida Estate Tax Due 2022-2025

Maine Estate 700sov 2022-2025 Form

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Instructions and help about form affidavit financial information fill

hello everyone my name is Christopher Salzburg I'm a local realtor here in South Florida and today we are discussing FERPA FERPA is the acronym that describes the foreign investment in real property tax act and what FERPA does is it ensures that the IRS is able to collect taxes due by any seller who is not a United States citizen now FERPA comes into play for every real estate transaction in the United States and we'll discuss why but it is even more significant when the seller of property is not a United States citizen now FERPA like many government and tax regulations can be a little complex we're gonna cover some of the basics here and we're gonna look at it from the buyer perspective and the seller perspective so first the buyer perspective if you are buying real estate in the United States you must have an affidavit from the seller stating either they are a United States citizen or they are not a United States citizen if your seller either does not

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