[WSBARP] FIRPTA Question

Douglas Scott doug at rainieradvocates.com
Fri Jan 17 10:46:15 PST 2020


Years ago I deal with something like this.  The foreign person did have to
declare and deduct the FIRPTA and the US resident did not.  The title
company/escrow company will assist you in working this out.
*DOUGLAS W. SCOTT*
Rainier Legal Advocates|LLC

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On Wed, Jan 15, 2020 at 7:26 PM Catherine Clark <Cat at loccc.com> wrote:

> All:
>
>
>
> I am working on a transaction in which the seller is a unincorporated
> partnership in another country (as described to me) in which a US Citizen
> and a non US Citizen have an interest.  These folks, upon sale, would like
> to avoid a FIRPTA Tax issue.
>
>
>
> Any ideas on how they could do that without running afoul of the law?
> These folks put this property into this unincorporated partnership pro se.
>
>
>
> All thoughts appreciated.
>
>
>
> Catherine C. Clark
> Law Office of Catherine C. Clark PLLC
> 2200 Sixth Avenue, Suite 1250
> Seattle, WA 98121
> Phone: (206) 838-2528
> Direct Dial: (206) 274-7941
> Cell: (206) 409-8938
> Fax: (206) 374-3003
> Email: cat at loccc.com
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