Re: Clarification on 1099
Posted by Larry Ludwick on July 06, 2007 at 13:37:56:
In Reply to: Re: Clarification on 1099
Posted by susie on July 05, 2007 at 10:37:58:
In all honesty this is a question for a qualified tax expert and not real estate people. I suspect that a CPA would be able to offset the 1099 income with the loss on the sale of the property, but, again, consult a qualified expert.
Larry Ludwick
Sales Associate -- Realtor
CENTURY 21 Beggins Enterprises
Follow Ups:
- Re: Clarification on 1099 - Shelley Koss 11:37:22 08/06/07
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- Re: Clarification on 1099 - Larry Ludwick 15:00:49 08/06/07
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