By: Amanda Wilson The Foreign Investment in Real Property Tax Act (FIRPTA) subjects foreign sellers to U.S. tax when they sell their interest in real property located in the U.S., including interests in companies that predominately …
Possible Changes Coming For REITS
By: Amanda Wilson Real estate investment trusts (“REITs”) are a popular investment vehicle in the senior living area, especially when the sponsor is trying to attract foreign investors. Senator Orrin Hatch recently introduced Senate bill …
