ST Alpha - "I don't see why it would be considered income when they are just renegotiating the sale price which can happen in other contracts -- nm" (Reading a Post)

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In response to "So, if you buy a car and you get a 'rebate' for several thousand in the mail later, is that income? -- nm" by zeitgeist

I don't see why it would be considered income when they are just renegotiating the sale price which can happen in other contracts -- nm

Posted by zeitgeist Mar 27 '11, 12:02

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Responses:

because it's reducing your existing obligation to pay the full amount of the mortgage -- nm - moles Mar 27, 12:13 1
- I think I am actually ok with shortages being income. I don't think sellers should be able to walk away with no ... whatever. -- nm - amanda jones Mar 27, 12:14

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