by Paul D. Pearlstein I. Introduction This chapter will highlight a few of the basic tax laws that affect real estate. There will be no attempt to deal with the complexities of tax law in any great detail. However, a bibliography at the end of the ch

Providing quality services to ICCmembers is a priority. ICC offers several membership categories. A system of regional offices, chapters and relationships with key officials at the state and local levels of government provides easy access to ICC staff alm

Examining Process LMSB International Program Audit Guidelines (05-01-2006) Foreign Investment in Real Property Tax Act (FIRPTA) 1.The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) established IRC section 897. FIRPTA was enacted to trea

If your rental house is foreclosed on, the IRS views it as a sale. This requires you to report the gain or loss you incur on your tax return. However, the foreclosure increases the complexity of the transaction for tax reporting purposes since you mus