Wholesaling - Tax Forms

[Alberto Ramirez]

Hey BP, 

For those wholesalers out there, what tax forms (ex: 1099-MISC, 1099-INT, etc.) do you receive (if any) from title companies or other parties involved in your transactions?

[Basit Siddiqi]

@Alberto Ramirez

It depends on how the wholesale is structured. Is there a double-close or are you just getting a "fee"?

You should be reporting the income regardless if you get a tax form or not.