Foreign sellers of California real estate can face both federal FIRPTA withholding and California Form 593 withholding at closing. Learn how the 15 percent FIRPTA rule works, when withholding can be reduced, how Form 8288 B is used, and how California gain based withholding, 1031 exchanges, and installment sales affect the transaction.

Moving out of California does not end California tax exposure on real estate you still own in the state. This guide explains California source gain, Form 593 withholding, former residences converted to rentals, installment sales, Section 1031 exchanges, and what nonresident sellers should review before escrow closes.