Starting March 1, 2026, new FinCEN real estate reporting requirements will impact certain residential property purchases in the United States. If you're planning an all-cash home purchase or buying property through an LLC, corporation, or trust, you may be subject to federal reporting rules.
Here’s what home buyers need to know.
What Is FinCEN Real Estate Reporting?
FinCEN (Financial Crimes Enforcement Network), a bureau of the U.S. Department of the Treasury, has implemented a Residential Real Estate (RRE) reporting rule to increase transparency in certain property transactions and prevent money laundering.
The rule requires specific information to be reported for qualifying transactions.
Which Real Estate Transactions Require FinCEN Reporting?
Not all home purchases are affected. Reporting is generally required when:
✔ The Property Is Residential
Single-family homes
Condominiums
Townhomes
Co-ops
Multi-unit properties (1–4 units)
✔ The Purchase Is Non-Financed (All-Cash)
If you are not obtaining a mortgage from a traditional lender, your transaction may qualify as a reportable non-financed transfer.
✔ The Buyer Is a Legal Entity or Trust
FinCEN reporting typically applies when the buyer is:
An LLC
A corporation
A partnership
A trust
If you are purchasing in your personal name with a mortgage, this rule usually does not apply.
What Information Must Be Reported?
For qualifying transactions, the reporting party must submit:
Buyer’s legal name, address, and date of birth
Government-issued ID
Beneficial ownership information (for entities or trusts)
Property and transaction details
This information is filed confidentially with FinCEN and is not public record.
Who Files the FinCEN Report?
The report may be filed by:
The title company
A third-party compliance provider
Some companies outsource reporting to specialized compliance firms. Buyers may receive documentation requests directly from these providers.
Is There a Fee for FinCEN Reporting?
Yes. In many cases, there is a FinCEN reporting or compliance fee associated with reportable transactions.
This fee covers:
Information collection and verification
Report preparation and filing
Secure data handling
Regulatory compliance procedures
The amount varies by provider and will typically appear on your closing statement. Buyers should ask about potential compliance fees early in the transaction process.
Key Takeaway for Cash Buyers
If you are planning an all-cash real estate purchase or buying property through an LLC or trust after March 1, 2026, your transaction may require FinCEN reporting.
This requirement is about transparency—not suspicion. Working with experienced Florida title company and real estate professional can ensure your closing remains smooth and compliant.
Need Guidance on FinCEN Reporting for Your Purchase?
If you’re unsure whether your transaction qualifies, speak with your real estate agent or Florida title company, early in the process to avoid last-minute surprises.