Blog Entries Tagged: FIRPTA
Found 10 blog entries tagged as FIRPTA.

Seller Net Sheet Calculator: Know Your Net Proceeds | Team Donovan

Know Your Bottom Line: Introducing Our Seller Net Sheet Calculator

Selling your home is one of the biggest financial transactions of your life. But between commission, taxes, insurance, and closing costs, it can be hard to figure out exactly what you'll walk away with. That's why we built the Seller Net Sheet Calculator—to give you instant clarity on your net proceeds before you list.

Launch the Calculator

Why Transparency Matters in Your Home Sale

When you're selling your home in Central Florida, there's a lot happening behind the scenes. Property taxes, title insurance, documentary stamp taxes—the list goes on. Many sellers are surprised when they reach closing…

From Inverness to Indianapolis: Where Team Donovan's Sellers Call Home

When people ask what makes Team Donovan different, we often point to one number: the distance between us and our clients. A typical month at our Orlando office means closings with sellers in the Scottish Highlands, snowbirds in Ontario, condo owners in Brooklyn, and vacation home families in Cheshire — all in the same week.

We pulled together a snapshot of where our recent sellers have been based, and the picture is genuinely global. Here's who we've had the privilege of working with — and what they had to say afterward.

A Strong UK Foothold

The largest international group of sellers we represent comes from across the United Kingdom. Recent closings have included clients…


Selling your Orlando vacation home: Why expertise matters and what to expect

Thinking about selling your investment property in Orlando, FL, especially a vacation home near the magic of Disney or Universal? While the allure of Florida real estate remains strong, navigating the selling process – especially for out-of-state or international owners – requires expertise and a strategic approach.

Why choosing the right real estate agent is paramount

The Orlando vacation home market is unique. Unlike traditional home sales, you're not just selling a property; you're selling a lifestyle, a dream vacation experience. This means your agent needs to understand the market's specific demands, from the importance of features like private pools and themed…

Selling Your Encore Club Home from Canada? Here’s Your Expert on the Ground. 

The Encore Club at Reunion offers an exclusive, private resort experience that stands out even in a destination as magical as Central Florida. Its grand homes, spectacular AquaPark, and five-star amenities have made it a premier choice for Canadian investors and vacationers alike. Many of you have successfully turned these magnificent properties into thriving short-term rentals on platforms like Airbnb and VRBO, creating a powerful income stream.

But when it's time to sell your Encore Club home, managing the process from another country can seem complex. Navigating US real estate regulations, understanding tax implications like FIRPTA, and coordinating a sale from across…

Selling from the UK or Ireland? A Fellow Brit Can Guide Your Reunion Resort Sale


Reunion Resort stands as a beacon of luxury in Central Florida. Its magnificent homes, three signature golf courses, and unbeatable proximity to Orlando's world-famous attractions make it a premier destination. For those of you residing across the Atlantic—whether in Ireland, or in the United Kingdom (including England, Scotland, and Wales)—who have invested in this wonderful community, the time may come when you decide to sell your property.

When that day arrives, you need more than just a real estate agent. You need a trusted partner who understands the nuances of selling a US property while residing overseas.


Your Expert on the Ground is from Your Side of the…

A Canadian’s Guide to Selling a Florida Property 

For many Canadians, owning a property in sunny Florida is a dream come true. But when it's time to sell, managing the process from across the border can feel complicated. You have to navigate different real estate laws, tax implications like FIRPTA, and the simple logistics of not being there in person.

You need a real estate team that not only understands the Florida market but specializes in helping Canadian owners. Team Donovan has built a reputation for making cross-border sales simple and stress-free.

But you don't have to take our word for it. Here’s what other Canadians have to say about their experience.

A Seamless and Painless Process

The biggest worry for any remote seller is…

When you bought a vacation home in Kissimmee, you probably imagined you’d enjoy years of fun in the sun with family and friends. You likely never dreamed that a divorce would put an end to those plans.

Divorcing couples have to make tough decisions that impact their financial future. This is especially true when having to sell a vacation home. Couples need to safeguard their investments, and divorce is one of the biggest threats they need to think about when buying and selling their Kissimmee vacation homes.

Important Decisions to Consider before Selling Your Home in a Divorce 

Before you list your home on the market, decide what you’re willing to sell the home for and how you’ll cover the costs of repairs or maintenance. You’ll also need to…

Orlando’s economy has steadily improved over the past few years, making this an attractive time for some vacation home owners to put their properties up for sale. If you’re not using your second home as frequently as you intended, it may not make financial sense to maintain ownership. Here are a few tips to help you sell your Orlando vacation home quickly and for the best price.

Find an Experienced Real Estate Agent– Look for a real estate agent who is not only familiar with the area, but is experienced in the sale and purchase of vacation homes. Orlando has become a true international market, with buyers coming from all over the world to purchase properties. Make sure your agent has a marketing plan to reach those potential buyers. For instance, Team…

Are you thinking about buying a second home in Orlando? Many travelers from Canada and the United Kingdom come to Central Florida year after year to spend a relaxing holiday. At some point, it may make more financial sense for you to buy a vacation home in Orlando, rather than spending money on a hotel or vacation rental home. In a previous article, we shared five things you should know before buying an Orlando holiday home. Here are a few more important points to consider before making a purchase. 

1. Determine the Financial Stability of the Homeowners’ Association – Many Orlando vacation homes are located in a housing development that is governed by a homeowners’ association (HOA). An HOA makes and enforces rules for the properties in its…

Thinking about selling your Orlando vacation property?  You should be aware of an upcoming change in the U.S. Foreign Investment in Real Property Tax Act, otherwise known as FIRPTA. 

As of Feb. 16, 2016, any non-resident alien who sells an interest in U.S. real property will be subject to a 15 percent withholding rate on FIRPTA at closing. That is an increase from the current rate of 10 percent. 

The change means that anyone who buys property in the U.S. held by a foreign seller must withhold 15 percent of the gross purchase price. The title company remits the amount to the IRS at closing. The withholding would generally offset any tax actually due from the non-resident alien on the sale and would be eligible for a refund to the extent that the…