Re: flip tax
From: Michael Barrett (mbarretttoast.net)
Date: Mon, 12 Feb 2007 09:09:17 -0800 (PST)
"Lynn Nadeau" <welcome [at] olympus.net>
said:

Also, perhaps a mandatory percentage might cause the government to consider
us "brokers" getting a "commission", which could be taxable.


Does not any payment made to the HOA count as income, and thus be potentially liable for taxation?

Michael Barrett
Shadowlake Village
Blacksburg VA

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