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Reload this Page real estate commissions in San Antonio (broker, contractor, taxes)
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Old 10-08-2007, 10:44 AM
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Cool real estate commissions in San Antonio
when you close a commercial purchase, does your broker deduct the taxes and then pay you? or, the broker gives you your hole commission and then you deduct the taxes when is the due date?
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Old 10-08-2007, 11:23 AM
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You pay your own taxes, it makes it so the you are more of a private contractor.
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Old 10-08-2007, 11:29 AM
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ALWAYS set aside at least 20% of your commissions for the end of the year. Probably more. Tax season takes out a ton of agents that can't successfully handle their money.
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