26 U.S.C. § 1445; 26 CFR § 1.1445-1
Under the Foreign Investment in Real Property Tax Act, a transferee acquiring a U.S. real property interest from a foreign person must generally deduct and withhold a tax equal to 15% of the amount realized on the disposition and remit it to the IRS (the rate was 10% for dispositions before February 17, 2016). A reduced rate or exemption applies in specified cases, including no withholding when the buyer acquires the property for use as a residence and the amount realized does not exceed $300,000.
26 CFR § 1.1031(a)-3
26 CFR § 1.1031(k)-1
26 CFR §§ 1.1400Z2(a)-1 through 1.1400Z2(f)-1
26 U.S.C. § 1031
26 U.S.C. § 1250
26 U.S.C. § 1400Z-2
Pin a building and we'll surface every amendment, effective-date change, and filing deadline as it happens.