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 Introducer fees / commission

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wild_card_my
post May 5 2017, 03:22 PM

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QUOTE(Fortezan @ May 5 2017, 01:47 PM)
Are you a property agent working for a real estate agency? if not, why the need to file tax?
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all income has to be taxed
wild_card_my
post May 5 2017, 05:12 PM

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QUOTE(Fortezan @ May 5 2017, 04:56 PM)
This is neither employment income nor business income, you can say you are just doing a favor for a friend and he gave you some monetary gift, which are totally off the book, how is this taxable?
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i have to defer from answering this. As far as I understand, all income is taxable, gifts or otherwise. But maybe a tax agent or an accountant can answer you with more accuracy.
wild_card_my
post May 8 2017, 02:47 PM

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QUOTE(hanhanhan @ May 8 2017, 02:31 PM)
» Click to show Spoiler - click again to hide... «


if you're not a REN, good luck to u if your seller doesnt want to pay u at all.
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can actually use a lawyer to become a stake holder actually. this is legal, as long as the owner and seller agree that the lawyer will be the stake holder. the issue at hand is the taxable income
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