Canadians Selling Real Estate in the USA

Canadians Selling Real Estate in the USA WHAT IS FIRPTA? Please note, this article and video is not intended as tax or legal advice. Its sole purpose is to bring awareness of potential tax liability. Whom does FIRPTA  affect? It affects  both buyer and seller. Seller, however, must be  a foreign person, aka non-resident alien of the US or a foreign corporation,partnership,trust or an estate. What is the objective behind FIRPTA? FIRPTA’s objective is basically to ensure that non-resident … [Read more...]

Phoenix Real Estate Market Update January 2017

Phoenix Real Estate Market Update - January 2017 Here is our latest video providing you with latest trends and statistics in the real estate market here in the Phoenix Metropolitan Area.   https://www.youtube.com/watch?v=9G_B79cYjQc Please note I derive my data from the Cromford Report and its Real Estate Analyst Mr. Michael Orr.  So here are the basic ARMLS numbers for January 2017 relative to January of last year for all areas & types of real estate: Overall, the Inventory … [Read more...]