03/17/2026
As of March 1, 2026, the FinCEN Residential Real Estate Reporting Rule is now in effect nationwide. The rule was issued by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network and is intended to increase transparency around certain residential real estate purchases. Learn more:
https://principleabstract.com/uncategorized/fincen-residential-real-estate-reporting-rule-a-quick-crash-course-after-its-march-1-implementation/
The goal of the FinCEN Residential Real Estate Reporting Rule is to provide federal authorities with better insight into property purchases.