What the Heck is 'IRS Form 1099-S' and Why Does it Matter?
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What the Heck is 'IRS Form 1099-S' and Why Does it Matter?
IRS Form 1099-S is an important (and often overlooked) step in the closing process for most real estate transactions, and if you're in the practice of closing deals yourself, this is something you probably ought to be doing. Why is IRS Form 1099-S Necessary? The purpose of IRS Form 1099-S is to ensure that sellers report their full capital ...
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