![]() |
Foreclosure Forum |
|
Not the purchase of inventory...In Reply to: 1099 ? posted by PhrankC on February 06, 2004 at 6:29 PM : Ward, : When you purchase a judgment lien, do you report this to the IRS as income to the seller? ================== No, I don't report the purchase of any inventory to IRS–regardless of whether it's a house or a judgment.
Follow Ups: Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.
Copyright © 1997-2004, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455