Do states have their own FIRPTA? I'm selling in California and someone mentioned a state withholding too.
I'm a foreign national from Sweden selling a rental property in Los Angeles through my LLC. I've been preparing for the federal FIRPTA withholding (15%), but my real estate attorney just told me California has its own withholding requirement on top of that. Is this true? How much more will I lose at closing?
Do other states do this too? I'm also considering buying property in Nevada or Texas — do they have state FIRPTA?
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