Understanding FIRPTA: Foreign Investment in U.S. Real Estate The Foreign Investment in Real Property Transfer Act (IRC §1445 & Treasury Regulations §1.1445), commonly referred to
Underperforming real estate assets encompass a wide range of properties, including those in dire need of maintenance or updates, properties with high vacancy rates, or
Depreciation plays a vital role in determining the adjusted basis of property, making it a crucial element in the non-recognition provisions of IRC §1031. It