<div dir="ltr"><p dir="ltr" style="font-size:12.8px">Yes, I forgot that one: if you are paid buyer commission, all of it is taxable as B&O, regardless of whether you are contractually obligated to pay any or all of it to anyone else (e.g. the buyer, via a rebate). Another wrinkle to keep your eye on...</p><div>Craig</div></div><div class="gmail_extra"><br clear="all"><div><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><div style="font-size:12.8px">Craig Blackmon, Attorney at Law</div><div style="font-size:12.8px"><font face="arial, helvetica, sans-serif" size="2"><a href="http://www.seattlepropertylawyer.com/" target="_blank">Seattle Real Estate Lawyer</a></font></div><div style="font-size:12.8px"><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">92 Lenora St. (The Makers Space, a shared work environment) </font></span></div><div style="font-size:12.8px"><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">Seattle WA 98121</font></span><br></div><div style="font-size:12.8px"><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">Office/Cell: </font></span><span style="font-size:12.8px">(206) 369-5949 </span><span style="font-size:12.8px">Fax: (206) 770-7328 </span></div><div style="font-size:12.8px"><span style="font-size:12.8px"><a href="https://twitter.com/LawyerBroker" target="_blank">@LawyerBroker</a></span><span style="font-size:12.8px"><br></span></div><div style="font-size:12.8px"><span style="font-size:12.8px"><a href="http://www.seattlepropertylawyer.com/blog?category=Buy+without+an+Agent" target="_blank">How to Buy Without an Agent</a> | </span><span style="font-size:12.8px"><a href="http://www.seattlepropertylawyer.com/blog?category=Sell+FSBO" target="_blank">How to Sell FSBO</a> | <a href="http://www.seattlepropertylawyer.com/blog?category=Real+Estate+Glossary" target="_blank">RE Glossary</a></span></div><div style="font-size:12.8px"><span style="font-size:12.8px">CONFIDENTIALITY NOTICE: This communication is a private, confidential electronic communication encompassed by 18 USC 2510. It is for the sole use of the intended recipient and receipt by anyone other than the intended recipient does not constitute a loss of its confidential or privileged nature. Any review or distribution by others is strictly prohibited. If you are not the intended recipient please inform the sender and destroy all copies.</span></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
<br><div class="gmail_quote">On Mon, Sep 26, 2016 at 2:11 PM, Spencer Stromberg <span dir="ltr"><<a href="mailto:spencer@lucentlaw.com" target="_blank">spencer@lucentlaw.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif">I've represented client in real estate transactions many times where there is a listing agent representing the seller. Residential agents tend to be very skittish of this situation, but commercial brokers are more comfortable with it.</div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><br></div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif">I've never tried to get the commission paid to me or to rebate it to my client. I have normally negotiated a discount on the purchase price equal to 1/2 of the total commission, though. If the seller is willing, you likely could negotiate a credit at closing for the selling side of the commission.</div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><br></div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif">As Craig Blackmon mentioned, I would stay away from the commission/rebate situation unless it is fully disclosed to all parties. I would also want to consider the B&O tax implications for your firm of receiving the commission, and whether the rebate to the client is an allowable deduction from your taxable receipts. </div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><br></div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif">All in all, I think a negotiated credit to your client is a more straight forward way to handle things.</div></div><div class="gmail_extra"><br clear="all"><div><div data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><span style="font-size:12.8000001907349px"></span></div><div dir="ltr"><span style="font-size:12.8000001907349px"><font face="trebuchet ms, sans-serif"><br></font></span></div><div dir="ltr"><span style="font-size:12.8000001907349px"><font face="arial, helvetica, sans-serif">Spencer A. W. Stromberg</font></span><div><font face="arial, helvetica, sans-serif">Attorney at Law<br></font><div></div><div><font face="arial, helvetica, sans-serif"><img src="https://docs.google.com/a/sullivanstromberg.com/uc?id=0B5Bho_xLWvfVOThHV09PVEhXb3c&export=download" width="200" height="36"><br></font></div><div></div><div><font face="arial, helvetica, sans-serif">827 W. 1st Avenue, Suite 425<br>Spokane, WA 99201-3914<br>P:<span><span><span> <a href="tel:509.413.1004" value="+15094131004" target="_blank">509.413.1004</a></span></span></span><br>D:<span><span><span> <a href="tel:509.828.4644" value="+15098284644" target="_blank">509.828.4644</a></span></span></span><br>F:<span><span><span> <a href="tel:509.413.1078" value="+15094131078" target="_blank">509.413.1078</a></span></span></span></font></div><div><font face="arial, helvetica, sans-serif"><span></span><span style="font-size:12.8px">E: </span><a href="mailto:spencer@lucentlaw.com" style="font-size:12.8px" target="_blank">spencer@lucentlaw.com</a><br></font></div><div><div style="font-size:12.8000001907349px"><font face="arial, helvetica, sans-serif">Web: <a href="http://www.lucentlaw.com" target="_blank">www.lucentlaw.com</a><br></font></div><div style="font-size:12.8000001907349px"><font face="arial, helvetica, sans-serif"><br></font></div><div style="font-size:12.8000001907349px"><font face="arial, helvetica, sans-serif">Schedule an appointment with me: <a href="http://www.vcita.com/v/brettsullivan/online_scheduling?service_id=qg7ua0116mrobm2j&staff_id=f54f6edbe76cf125" target="_blank">Click Here</a></font></div><div style="font-size:12.8px"><font face="arial, helvetica, sans-serif"><br></font></div><div style="font-size:12.8000001907349px"><i style="color:rgb(38,38,38);font-size:13px;line-height:16px"><font face="arial, helvetica, sans-serif">Lucent Law provides comprehensive legal services in the areas of real estate, business law, and wills, trusts and estates. 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<br><div class="gmail_quote"><span class="">On Mon, Sep 26, 2016 at 1:14 PM, Jared Hawkins <span dir="ltr"><<a href="mailto:jared@hawklaw.biz" target="_blank">jared@hawklaw.biz</a>></span> wrote:<br></span><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div class="h5">
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<p class="MsoNormal">Distinguished colleagues: I’ve been approached by a client that would like me to serve as his agent in a real estate transaction so that I can qualify for the buyer’s broker’s commission and then rebate a portion of the commission back
to him. I have reviewed Chapter 18.85 Revised Code of Washington (regarding broker licensing) and see that attorneys are exempt from the broker licensing requirements.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Does anyone have experience acting in this capacity? Does anyone advise against doing this (or are there issues I’m missing)? I don’t feel real comfortable with the idea so I am exploring the relevant issues before I decide what to do.<u></u><u></u></p>
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<p class="MsoNormal">Thanks for your help.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><u></u><u></u></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif;color:#0b242c">Jared N. Hawkins, Attorney at Law<u></u><u></u></span></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><a href="mailto:jared@hawklaw.biz" target="_blank"><span style="font-size:12.0pt;font-family:"Garamond",serif;color:#d7b853">jared@hawklaw.biz</span></a><span style="font-size:12.0pt;font-family:"Garamond",serif;color:#0b242c"><br>
Hawkins Law, PLLC<br>
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2225 Isaacs, Suite A/ Walla Walla, WA 99362<u></u><u></u></span></p>
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