Real Estate
A new FinCEN beneficial owner reporting requirement for “non-financed” transfers of residential properties to trusts or entities will become effective 3/1/26. Starting March 1, 2026, FinCEN will require reporting for certain non-financed transfers of residential real estate made to trusts or legal entities. This rule is similar in concept to the Corporate Transparency Act (CTA), but it applies specifically to real estate transactions. Here’s an
