Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

9
Posts
1
Votes
Mike Stone
  • Investor
  • Sarasota, FL
1
Votes |
9
Posts

understanding form 8288 when buying from a foreign entity

Mike Stone
  • Investor
  • Sarasota, FL
Posted

We just bought a US condo from a canadian person. (we are a multi member LLC). I believe we were told during closing that we would not have to worry about withholding taxes on his behalf.

now im getting an IRS request to complete 8288. is this just a routine procedure where I just complete it with '0'?

when reading the irs instructions. it seems to request us to complete 8288-A also . Is this form asking for information about the foreign sellers?

Loading replies...