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Author Question: The IRS requires the reporting of the gross proceeds received by the seller in any real estate ... (Read 26 times)

theo

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  • Posts: 698
on: Aug 3, 2018
The IRS requires the reporting of the gross proceeds received by the seller in any real estate transaction. The responsibility for filing the IRS Form 1099-S falls on the:
 
  A. Seller's agent
   B. Buyer's agent
   C. Real estate agent
   D. Closing agent

Question 2

Zoning codes are enacted by municipalities to control the use and development of the land in the community.
 
  A. True
   B. False
  Indicate whether the statement is true or false


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Perkypinki

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Reply #1 on: Aug 3, 2018
Answer to Question 1

D

Answer to Question 2

T


theo

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Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)

Kedrick2014

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Reply 3 on: Yesterday
:D TYSM

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