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are "credits" taxable incme

Started by jm75681
about 14 years ago
Posts: 35
Member since: Jul 2009
Discussion about
this is probably a question for an accountant. when buying an apartment, if the developer gives the buyer a credit towards the price, is that credit taxable income. thanks
Response by huntersburg
about 14 years ago
Posts: 11329
Member since: Nov 2010

Hate to say it, but I think w67 can handle this one.

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