I have a question about Realtor rebating commision back to buyers. Is it a common practice for the Realtor to send you a 1099 for the rebate?
Back in 2004, we used the same Realtor to sell and buy a home. As such, she rebated us back a good part of her commision on both transactions. The weird part was that we received a 1099 from her at the end of the year.