Tax question (reporting sale)

[disneycrazed139]

Is DVC considered a reportable real estate transaction for IRS purposes? --especially and particularly in the case of financing a DVC leasehold? I thought it might be exempt because of these reasons.

Or, is DVC possibly exempt from reporting real estate transactions because it is a corporation and volume transferor?

Guess I'm looking for a tax expert!

Thanks!

(I'm referring to DVC reporting its sales to IRS...not buyers reporting.)

 

[Doctor P]

You do get a 1099 for your interest as I recall, if that helps answer your question.