Realtor Credit help

[Jodha]

Hi folks ,

Maa relator gadu 28 % tax vesthundu on realtor credits in NJ . 

Maa builder gadu closing cost cover chesadu so cant use realtor credit towards closing .

28 % tax on relator credit anthey too much ani pisthundi .

emana suggestions chepandi bhayya 28 % tax ne reduce cheya daniki .

Basic ga realtor name use chesi first initial appointment book chesa , realtor was never in the fixture after that 

 

Thanks 

[mettastar]

22 minutes ago, Jodha said:

Hi folks ,

Maa relator gadu 28 % tax vesthundu on realtor credits in NJ . 

Maa builder gadu closing cost cover chesadu so cant use realtor credit towards closing .

28 % tax on relator credit anthey too much ani pisthundi .

emana suggestions chepandi bhayya 28 % tax ne reduce cheya daniki .

Basic ga realtor name use chesi first initial appointment book chesa , realtor was never in the fixture after that 

 

Thanks 

Mari realtor ki paisal vasthe tax evadu kadathadu 

[Thokkalee]

35 minutes ago, Jodha said:

Hi folks ,

Maa relator gadu 28 % tax vesthundu on realtor credits in NJ . 

Maa builder gadu closing cost cover chesadu so cant use realtor credit towards closing .

28 % tax on relator credit anthey too much ani pisthundi .

emana suggestions chepandi bhayya 28 % tax ne reduce cheya daniki .

Basic ga realtor name use chesi first initial appointment book chesa , realtor was never in the fixture after that 

 

Thanks 

Closing costs ki use chesthe, tax undadu.. lekapothe he has to pay tax on it.. chala mandi 35% cut chestharu if they earn a lot.. mi vaadiki pedda income ledanukuntaa 

[sendral_nakka]

Ask for 1099 or ask him to purchase appliances for the home. 

[CharlesBabbageNaidu]

32 minutes ago, mettastar said:

Mari realtor ki paisal vasthe tax evadu kadathadu 

Usually they take 500 and give rest back bro during closing or we can use that for any upgrades depends on builder or appliances 

[Pandubabu]

1 hour ago, Jodha said:

Hi folks ,

Maa relator gadu 28 % tax vesthundu on realtor credits in NJ . 

Maa builder gadu closing cost cover chesadu so cant use realtor credit towards closing .

28 % tax on relator credit anthey too much ani pisthundi .

emana suggestions chepandi bhayya 28 % tax ne reduce cheya daniki .

Basic ga realtor name use chesi first initial appointment book chesa , realtor was never in the fixture after that 

 

Thanks 

Pay first year hoa , escrow and stuff , buy points to reduce mortgage rate 

[Jodha]

 

Planning to refinance my mortgage, Can i use realtor credit towards refinance cost ??

[Variety_Pullayya]

https://www.am22tech.com/real-estate-agent-cash-back-taxable/

 

not taxable because it is you who is paying for house and getting back some of it as realtor credit. so there is no income there. get the proper form and you should be good.