[WSBAPT] Taxation of Commission Rebate

[Jennifer Sohn]

Hi, when a buyer's real estate broker gives a portion of his commission to his client (buyer) after closing as a rebate, my understanding is that he can deduct the rebate as a business expense just like any appliance manufacturer's rebate. How is it treated (for tax purposes) for the buyer who is receiving the rebate?

Thanks,

Jennifer Sohn
206-617-7874