Get Firpta Affidavit Firpta - Bbuypittsburghforeclosuresbbcomb

Filling out the FIRPTA affidavit is an essential step for buyers and sellers involved in real estate transactions, especially when dealing with foreign sellers. This guide will help you navigate the online process of completing the FIRPTA affidavit efficiently.

Follow the steps to complete the FIRPTA affidavit online.

1. Click the ‘Get Form’ button to obtain the FIRPTA affidavit and open it in the form editor.
2. Provide the seller's full name in the designated section, as this identifies the individual or entity selling the property.
3. Indicate whether the seller is a foreign person or entity by selecting the appropriate checkbox. This is crucial for determining withholding tax requirements.
4. Enter the seller's U.S. Tax Identification Number (TIN), which may be either an Employer Identification Number (EIN) or a Social Security Number (SSN) in the respective field.
5. Fill in the seller's office or home address in the provided space, ensuring that the information is complete and accurate.
6. Record the gross selling price of the property in the specified field, as this figure is necessary for tax calculations and disclosures.
7. Review the declaration statement carefully. This statement confirms that the seller acknowledges the form's potential disclosure to the Internal Revenue Service and the consequences of false information.
8. Sign and date the affidavit in the seller's designated section. If there are multiple sellers, ensure that all parties provide their signatures and dates.
9. Arrange for the affidavit to be sworn before a notary public. The notary will fill in their printed name and office details.
10. Once completed, you can save changes to the affidavit, download it for your records, print it, or share it as necessary.

Complete your FIRPTA affidavit online today to ensure a smooth transaction.