This Non-Foreign Affidavit Under Internal Revenue Code 1445 is for a seller, as an individual, of real property to sign stating that he or she is not a foreign person as defined by the Internal Revenue Code Section 26 USC 1445. This document must be signed and notarized.
Yes, you can sell your property even if you’re not a U.S. citizen, but you might need to follow different rules. This certificate mainly applies if you’re a foreign seller; it’s quite a bit of paperwork, so be ready!
While you don’t have to have a lawyer, it could be helpful, especially if this is your first rodeo or if your situation is a bit tricky. They can guide you through the paperwork hassle.
You’ll typically need to include your name, address, and taxpayer identification number. Plus, you’ll state that you’re not a foreign entity. Think of it like filling out your details on a job application.
To get this certificate, you usually fill out a simple form and provide some identification. Just gather your paperwork, and you’re good to go!
If you're an individual selling real estate in Columbus and you're not a foreign person, you’ll need this certificate. It’s your way of proving to the buyer that you’re a local resident.
A FIRPTA Certificate of Non-Foreign Status is basically a document that says you’re not a foreign person when selling property in the U.S. It's like a stamp of approval that helps avoid extra tax withholding.