Professionalism
March 5, 2026
New FinCEN Reporting Rules
What are these rules? Why were they enacted? The Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury, has long had real estate reporting rules known as Geographic Targeting Orders (GTOs) which were enacted to assist the government in identifying the use of illicit funds to purchase real property with cash through an entity to hide the proceeds of illegal activity.
.png)
