IRS FORM 1445 Real Estate Transaction Workshop Overview
This is a workshop about doing a real estate transaction as a State Citizen. (Both Buying and Selling)
The Buyer in this transaction has little to NO IRS obligation. The IRS uses the ignorance of the Realtor and/or the Title Company through “tradition” to obligate the buyer (with the cash) to determine if the seller has a federal income tax liability.
The Seller on the other hand has to report and pay the Capital Gains if they are a federal citizen. The State Citizen will provide a Statement and a W-8 and W-9. Details are in the Class. Cost: $250