Beginning March 1, 2026, new federal rules issued by the Financial Crimes Enforcement Network (FinCEN) will require reporting of certain all‑cash residential real estate transactions involving LLCs, corporations, and trusts. These rules extend to most 1–4 unit residential properties, including commonly purchased homes, related residential structures, and specific vacant land intended for future residential development. The update reflects FinCEN’s broader effort to enhance transparency within the real estate market and to deter illicit financial activity, particularly money laundering. Covered transactions will require filing a Real Estate Report with the U.S. Treasury, a responsibility typically managed by the closing or settlement professional under FinCEN’s reporting cascade.
At Buckley Fine Law, we understand that regulatory changes can affect how families, business owners, and investors plan and structure real estate acquisitions. Our team is prepared to guide you through these new requirements by assessing whether your transaction is reportable, advising on the appropriate structuring of entities or trusts, coordinating with title and settlement professionals, and ensuring complete compliance throughout the process. For assistance or additional guidance, contact us at attorneys@buckleyfinelaw.com or 847‑381‑0011.