Can’t Pay the 15% FIRPTA Withholding? How International Owners Can Still Sell an Orlando Short Sale
Posted by Team Donovan on
International Sellers & Orlando Short Sales: How to Navigate FIRPTA and IRS Hardship
Selling a vacation home in the Orlando area is a big decision, especially when market conditions or personal financial changes lead you toward a short sale. For our international clients—whether you are located in Canada, the UK, Europe, or beyond—this process comes with an added layer of complexity: FIRPTA.
At Team Donovan, we specialize in helping non-U.S. residents navigate the "perfect storm" of a short sale combined with foreign seller tax requirements. Here is what you need to know to ensure your sale doesn’t just get approved by the bank, but actually makes it to the closing table.
The FIRPTA Hurdle in a Short Sale
The Foreign Investment in Real…