John Golden

Game-Changing FIRPTA Reforms

By Chris Rising & John Golden

On December 18th, 2015, President Obama signed the Protecting Americans From Tax Hikes (PATH, or the Act) Act of 2015 into law, which enacted major reforms to the Foreign Investment in Real Estate Property Tax Act (FIRPTA) of 1980. In short, this is a total game changer that will allow qualified foreign pensions to make real estate investments in the United States without getting taxed upon sale.