Posts Tagged Support Document

12.13.2008

When realtor buy an investment property and put their realtor rebate back to the settlement, is it taxable?

I have two answer.
1) If put back to settlement, it is not taxable. It only reduce your purchase price, when you sell your investment property, you have to pay tax. You only need to pay tax if you get check directly from the builder.
2) Another group think 1) only apply to second home. For [...]