To sell property in Florida as a nonresident, you'll need to comply with the Foreign Investment in Real Property Tax Act (FIRPTA). US residents, citizens and Green Card holders who inherit property in India must file Form 3520 along with their tax return.As a foreign buyer, you must obtain a taxpayer identification number (TIN) or an individual taxpayer identification number (ITIN) from the IRS. In order to claim tax credit, you would need to fill up form 1116. If you're planning on becoming a permanent resident or citizen, consider postponing the sale until after you receive your Green Card. Sign an agreement of sale and then execute the sale deed (I did it through power of attorney to my agent). 4. For example, as a U.S.-based NRI, you may need someone to sell a property for you in India. National Archives (NARA): Holds our records up to the end of 2012.
