Angela Gates
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New FinCEN Reporting Rule for Certain Residential Real Estate Transfers Begins March 1, 2026
Starting March 1, 2026, a new federal reporting rule will change what information must be collected and submitted in certain residential real estate transactions—especially all-cash (or otherwise “non-financed”) purchases involving trusts and entities. The rule comes from the Financial Crimes Enforcement Network (FinCEN) and is designed to increase transparency in transactions that can be attractive for money laundering and…