Does the IRS Know When You Buy a House With Cash?

In this episode of The Zion City Homes Podcast, Alex and Sam tackle a surprising question: Does the IRS know when you buy a house with cash? From Form 1099-S to FinCEN reports and new 2025 rules, they break down exactly how cash transactions are tracked and why transparency matters. Whether you're thinking about buying or selling with cash, this episode unpacks what gets reported, how, and why you need a clear paper trail. It's everything you didn't know you needed to know about cash deals in real estate—explained in plain English.