Been leaving in the US for 5 years now and owned a house more than 2 years. House is in escrow and purchased a new one. While signing the docs for close of escrow of my current house I came accross of Section 1445/FIRPTA. Is it true that I should pay the tax for selling this house? Please help. Any response will be gladly appreciated.
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H1B Selling a house. Question on TAX?
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