What is Homestead Exemption? What is it? Homestead sounds like an old fashioned term for something that probably doesn’t apply to this century, but technically it just means a primary residence. A homestead exemption, therefore, protects a primary residence. Specifically, it prevents that primary residence from being sold or taken away by unsecured creditors looking… Read What is Homestead Exemption?→
FIRPTA: What you Need to Know 1. What is FIRPTA? FIRPTA is the acronym for the Foreign Investment in Real Property Act. This law was passed in 1980, forcing foreign investors to pay tax on the sale of US property investments. Before the law was passed, foreign investors were exempt from taxes, but are now… Read FIRPTA: What you Need to Know→