This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The IRS requires the reporting of the gross proceeds received by the seller in any real estate ... (Read 34 times)

theo

  • Hero Member
  • *****
  • 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Aug 3, 2018
Answer to Question 1

D

Answer to Question 2

T


theo

  • Member
  • Posts: 698
Reply 2 on: Aug 3, 2018
Gracias!

phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Managing large bands of grazing animals requires detailed knowledge of local landscapes, especially Managing large bands of grazing animals requires detailed knowledge of local landscapes, especially
Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior
Gross anatomy of the heart Gross anatomy of the heart
Using DPSIR Framework for Environmental Reporting Using DPSIR Framework for Environmental Reporting
Please advise 'How To' on Real Estate Math problem (Answer Provided)? Please advise 'How To' on Real Estate Math problem (Answer Provided)?
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library