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If Someone Transfers Money Into My Bank Account Does That Count As Income?
I have been going to bid on real estate auctions for family, and they will transfer $10,000 into my account, which then I make into a cashier’s check. Because that money goes into my account can it be taxed and be considered income? Share and Enjoy: »
Success Stories
Auctions marketing for real estate works like a charm with all types of properties (residential, commercial, industrial, farms, ranches, land). Turn virtually any type of property into cash quickly and sell "as-is" with no hassles or fix up.
Luxury Home Auction
Mr. and Mrs. Clagg, luxury home builders, owned a magnificent 3,000 square foot residence situated on a third of an acre. Sadly, they had their property on the market for over 10 months without an offer, even though the price was reduced 3 times. Read more...
Residential Home Auction
This property was a rental property owned by an investor. It is located in Southwest Bakersfield in the Silver Creek development. The home was in good condition with over 1,600 sq. feet (3 bedroom 2.5 baths). Read more...