Intent to earn money: Buying home commission rebate
When buying my home, my real estate agreed to give me part of his commissions as a rebate. HE provided a 1099-MISC with the amount as other income.Is this considered an intent to earn money?
I'm in the same boat. I received a 1099 from my realtor because he gave me a chunk of the commission he earned from my purchasing a home. I'm just not sure if that counts as "intent to earn money" or not.
