I'm selling my US property on owner financing — why does everyone say start the FIRPTA certificate early?
I'm a foreign seller and I'm taking back a note: small down payment now, the rest over several years. My CPA keeps urging me to file the FIRPTA certificate before closing, but if I'm only collecting a little cash now, why would the withholding even be a problem? Doesn't the held-back amount just match the small payment I'm receiving?
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