Moderator: TenantNet
by eddie1002 » Tue Jan 23, 2007 9:43 am
by alcatraz » Tue Jan 23, 2007 2:30 pm
by taj301 » Wed Apr 04, 2007 1:15 pm
by cestmoi123 » Wed Apr 04, 2007 1:55 pm
by firstandfirst » Thu Apr 05, 2007 11:27 am
by Emeraldstar » Thu Apr 05, 2007 8:18 pm
by Beauregard » Wed Jan 31, 2018 2:10 am
firstandfirst wrote:I also recently called my old landlord to ask when I'll be receiving a 1099 for a buyout I received last year. She basically says the same thing as above - that the buyout money is reported as a cost associated with the building, not as individual payments to tenants. She said that nobody she knows of ever claimed these buyouts in all the years her firm has been buying out tenants. She said I won't be getting a 1099. I looked back at all of the legal documents from the buyout and we tenants never gave our social security numbers to the landlord.
It is indeed a dilemma - I have a lot of money put aside to pay the tax on this and I know I'm technically liable for the tax, but it might be very easy to skate on this one. I'm tempted to just put the money away in a high-yielding savings account and wait it out a few years.
by TenantNet » Wed Jan 31, 2018 2:34 am
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