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WASHINGTON, DC-As we reported yesterday, Congress is making another attempt to repeal, or at least revamp, the Foreign Investment in Real Property Tax Act. The rhetoric against the act is strong and little wonder why: ask anyone involved in commercial real estate investment sales and he or she will tell you: FIRPTA makes foreign investors pause—and more than occasionally go away.

But how much exactly? Logic suggests that it can’t be that much–foreign investment inflows into the US market are stronger now than they have been in years. Certainly the stable-and-secure US represents a good deal for foreign investors, despite our current fiscal woes.

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