The Foreign Investment in Real Property Tax Act (FIRPTA) requires buyers in certain transactions involving foreign sellers to withhold funds for federal taxes. In response to a legal 常见问题解答 about an agent’s potential liability if a seller falsely certifies he’s not foreign, members recognized the need for education on FIRPTA 和 opined about who should be responsible for determining its application.
劳尔Giorgi 写了 that “perhaps a promulgated form” is in order, adding that agents may find it awkward to ask about a seller’s status. 莉莉休斯 和 安德烈斯·德·皮纳 agreed that more education would be helpful.
Others argued that someone else should ask about foreign seller status under FIRPTA. 以同样的方式 General Information 和 Notice to 买卖双方 (TAR 1506) states that brokers 和 agents aren’t attorneys or inspectors, 多丽丝Snipp 写了, maybe IRS agent 和 immigration officer should be added to that list. 朱莉·威廉姆斯 写了 that she appreciated the issue being brought up 和 only learned about it herself after a title company withheld funds on behalf of her buyer to satisfy the law.
The Texas Real Estate Commission serves license holders of many races 和 ethnic origins, 指出 Adesegun Abayomi Owolabi on a blog post about using nicknames in advertising. “我的中间名怎么了?” he asked, noting it shortens to Yomi, or his first name, which can go by Ade or Segun. “Do these names require registration because they’re not anglicized?”
Would you feel silly sending someone a $50 gift card if they sent a $1 million referral your way? 这就是 汤米·彭宁顿 写了 about the current $50 non-cash gift limit set by TREC for what you can pay an unlicensed person for a referral. “This won’t even allow me to send a couple out for a nice dinner,” 兰迪·沃特曼 写了. Maybe it’s time for the limit to be updated, suggested Pennington.