Summary: A new federal reporting requirement for non‑financed transfers to irrevocable trusts.

Effective March 1, 2026, the new FinCEN Residential Real Estate Reporting Rule requires a federal filing whenever residential real estate is transferred without financing to a trust or other legal entity.  This reporting requirement applies to irrevocable trusts and other non‑grantor entities, but it does not apply to standard revocable living trusts.  A designated ‘reporting person’ involved in the closing—typically the title company or closing attorney—must submit a Real Estate Report to FinCEN identifying the property, the parties, and the trust’s beneficial owners.  This nationwide rule replaces prior limited…
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