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With tax season upon us, folks have been asking about whether Realtor rebates are taxable as income to the purchaser who receives the rebate.Common Question: What is the tax liability of a rebate?
Answer: Our legal resources have indicated that a real estate rebate is not taxable. We do, however, recommend that you discuss tax ...
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To everyone in the housing market, be glad you live in Georgia . Realtor Rebates are legal in our State, but consumers in other states aren't so fortunate. For example, between 11 and 16 states currently prohibit or limit commission rebates by realty brokers. However, The United States Department Of Justice (USDOJ) is fighting for Real Estate ...
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