Buying or Investing in Real Estate - New FinCen Reporting Starts March 1st. What You Need to Know!

Описание: Starting March 1, 2026, a new federal FinCEN Reporting Rule will impact certain residential real estate transactions across the United States — including here in Northwest Indiana.

FinCEN (Financial Crimes Enforcement Network) is implementing this rule to help prevent money laundering in real estate.

This rule applies to:

• Purchases made through LLCs, Corporations, Land Trusts, or Revocable Trusts
• All-cash transactions
• Hard money, private lending, or seller-financed deals
• Residential 1–4 unit properties
• Single-family homes, condos, townhomes
• Certain mixed-use properties
• Vacant land intended for 1–4 unit residential construction

There are NO exemptions.

In this video, I explain:
✔ Who must report
✔ What buyer information is required
✔ What documents you should prepare
✔ Who files the report (usually the closing agent or title company)
✔ Potential civil and criminal penalties for non-compliance
✔ How to avoid delays at closing

If you are buying or selling real estate in Crown Point, St. John, Munster, Cedar Lake, Lowell, Valparaiso, or anywhere in Lake & Porter County — preparation will be key.

Have your entity documents, ownership information, and funding source details ready before closing.

If you have questions about how this may impact your purchase or sale, feel free to reach out.

Steve Jamrok
Realty Executives Premier
23 Years Experience
Local Expert | Buyers | Sellers | Relocation