💡 FIRPTA & HARPTA: What Every Foreign Seller Must Know
Selling your Oahu property as a foreign national comes with tax obligations many overlook. Under FIRPTA, the buyer withholds 15% of the gross sales price for the IRS. Hawaii's HARPTA requires an additional 7.25% state withholding. The good news — exemptions and reduced withholding certificates may apply in certain cases! Planning ahead with the right team can save you thousands. Have you dealt with FIRPTA or HARPTA before? Share below! 🏡 #HawaiiRealEstate #ForeignInvestor
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