The Foreign Investment in Real Estate Property Tax Act of 1980 (“FIRPTA”) requires that foreign persons who hold a direct real estate investment in the U.S that was valued at more than $50,000 in prior year file an information return that subjects any income generated from real estate tr...
At the Atrium at Alpha Business Center, the Trust also benefited in 1996 from the receipt of a termination fee from one of the major tenants. They will be vacating their space at the end of May 1997; however, it is anticipated that the space will be re-leased prior to the expiration ...