New reporting rule on all-cash real estate purchases by LLCs and Trusts takes effect March 1, 2026
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has officially postponed the reporting requirements of its landmark Residential Real Estate Rule until March 1, 2026, granting the real estate sector additional time to adapt to the anti-money laundering measures. The rule, finalized in August 2024, would have taken effect December 1, 2025, […]
