Hi DaveF1006, thanks for your response. It is permissible in my state to act as my own agent when buying or selling real property. In this case, acting as our own buyer's agent and contributing the commission to our closing costs is permissible. You mention this could then be considered a business expense and not a personal expense. My question is how would I classify it as a business expense considering it would be an expense that would be paid to ourselves. If you can add some additional clarity to how to classify the business expense that would be greatly appreciated. Thank you!
