File Your Taxes Online's Questions

File Your Taxes Online

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Is commission rebate from the buyer's Realtor to the buyer a taxable income? Transaction was done outside of the escrow and 1099-Misc (Box 7) was issued to the buyer following January. 1) is this taxable income for the buyer and 2) if so, is he responsible for SE taxes as well?

Jun 18, 2012 by File Your Taxes Online Follow Answer

Category: Tax Planning

File Your Taxes Online

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What is “Virtual Staging” concept?

Aug 16, 2010 by File Your Taxes Online Follow Answer

Category: Real Estate