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1099 s

• Is a form that reports real estate sales to the Internal Revenue Service (IRS).

 
 Embedded terms in definition
 Real estate
Sales
 
 Related Terms
 1099 b
1099 div
1099 g
1099 int
1099 misc
1099 oid
1099 r

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

The game of life is to come up a winner, to be a success, or to achieve what we set out to do. Yet there is always the danger of failing as a human being. - Richard Milhouse Nixon

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