[quote=Rustico]I was thinking specifically about 1099 type possibilities for the commission not being taken. For example the buyer/agent negotiates a deal and then has the 30K commission removed with an addendum in escrow or just doesn’t take the commission but lowers the price in negotiations instead.[/quote]
SDR. On this question I don’t think it is getting answered. On your attempted purchase if you didn’t take the commission would you have been liable to the IRS for Income in the year of the transaction? O.K. let’s get real, In theory would you have been?
What year is your RPA? I think I better get new ones as I am starting to work with clients again.
