Which statement is correct about the Foreign Investment in Real Property Tax Act (FIRPTA)? A) Foreign sellers of real property in the United States are exempt from income taxes. B) A foreign seller is exempt if the realized amount from the sale of a personal residence does not exceed $300,000. C) A buyer of property owned by a foreign investor is required to withhold tax equal to 5% of the purchase price on all sales by foreign nationals. D) Foreign sellers must deposit a surety bond with the Internal Revenue Service before putting property on the market for sale