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Federico Turbi Malena Agent Photo
Federico
Turbi Malena
C. (787) 603-8669
 P. (787) 795-3150
 Phone Federico
Turbi Realty PR
 PO BOX 50740 Toa Baja, PR 00950-0740

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Search for Real Estate in and around Puerto Rico

Residential
Experience, Integrity, and Commitment in Every Real Estate Transaction. Bed: 1 Bath: 1 Price: $89,900

Excellent opportunity for investors or buyers looking for a property with great potential. This single-story home offers approximately 838 square feet of living area on a 162-square-meter lot. It features 1 bedroom, 1 bathroom, living room, dining area, and kitchen. Conveniently located just minutes from downtown Caguas, with easy access to shopping centers, schools, hospitals, and major highways. The propert...

Experience, Integrity, and Commitment in Every Real Estate Transaction. Bed: 2 Bath: 1 Price: $375,000 Optioned

Live or invest in one of Puerto Rico's most desirable locations. This comfortable 765.27-square-foot apartment features 2 bedrooms, 1 bathroom, living room, dining area, and kitchen, and is located on the 11th floor of Mar de Isla Verde Condominium, just steps from the beach and with easy access to Luis Muñoz Marín International Airport, hotels, restaurants, supermarkets, pharmacies, and shopping centers. The...

Selling a principal residence in Puerto Rico?

Act 180-2025 may provide a full exclusion of the gain from the sale of a principal residence for a qualifying homeowner, or for the heirs of a qualifying decedent, provided all legal requirements are met.

Each situation should be evaluated individually to determine eligibility under the law.

With more than 30 years of tax experience and over 20 years in real estate, I can guide you through the application of Act 180-2025 and help determine whether you or the heirs may qualify for this full exclusion before the closing of the sale.

Would you like to find out if you qualify? Contact me for personalized guidance

Are You a Non-Resident Seller of Puerto Rico Real Estate?

If you are not a resident of Puerto Rico and are selling real estate located in Puerto Rico, you may be subject to the withholding requirements established under Section 1062.08(g) of the Puerto Rico Internal Revenue Code of 2011, as amended.

In most cases, the buyer is required to act as the withholding agent and withhold the applicable tax at closing, unless an authorized exception or special procedure approved by the Puerto Rico Department of Treasury applies.

With more than 30 years of tax experience and over 20 years in the real estate industry, I provide specialized guidance to help you comply with Puerto Rico tax requirements, avoid unnecessary delays, and facilitate a successful closing.

Do you have questions about Puerto Rico's non-resident seller withholding requirements?

Contact me for an initial consultation. I will be pleased to evaluate your situation and explain the options available under Puerto Rico law.

Federico Turbi Malena, MBA is a licensed Real Estate Broker in Puerto Rico with more than 20 years of experience in the real estate industry and over 30 years of experience as a tax professional.

His unique background combines real estate expertise with extensive tax knowledge, allowing him to provide comprehensive guidance throughout every stage of a real estate transaction.

Throughout his career, Federico has represented sellers and buyers in residential  transactions, earning a reputation for professionalism, integrity, personalized service, and dedication to protecting his clients' interests.

He previously served as President of the Puerto Rico Real Estate Brokers, Salespersons and Real Estate Companies Board (2022–2023) and currently serves as Chairman of the Committee responsible for reviewing and proposing amendments to Puerto Rico Real Estate Act No. 10 of 1994.

Federico specializes in residential property sales, seller representation, transactions involving nonresident owners, real estate closings, and tax matters related to real estate.

His mission is to provide honest, knowledgeable, and results-oriented service while helping clients make informed decisions with confidence.

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