Now I have a question regarding a 1099 if you don't mind.
When the sale goes through and you receive the 1099, can you then show that you are actually losing than gaining? As I will be.
Due of course as I bought before finding TUG.
I'm being requested (sales document) for social security numbers upon selling a timeshare. Is it really required?
Some chains like Marriott now require a copy of Drivers Lic. or Passport for each new owner.It has been awhile since I've purchased a timeshare. I'm in the process of buying a CA timeshare now from an eBay seller, and the closing materials ask for DH and my social security numbers. Are we required to submit the ss#s? I hate giving that info out to anyone unless necessary.
As a closing company owner, I am legally required to issue a 1099 on the sale of the property. To properly file the 1099, I am required to have your ssn. It can be something as easy as having you provide it in advance of closing to us so it populates on the other forms i/ need it for, or providing a W-9 at closing or marking the block and then having to redo part of the forms when I get your closing package back.
What is the different between w-9 or 1099s? I got a 1099s and report in the income tax as sale of a property. what is w-9?