"Being both a tax attorney and broker, I need to comment on the article. The best way to summarize the agent’s role is that agents should educate themselves as much as possible about tax aspects of real estate, but they should make clear that any discussion of tax is informational only; as the article suggests, clients should only rely on tax advice from an attorney or – for limited issues – an accountant.
[...]
The main value of a tax-savvy agent is to spot the issues and make sure a professional is retained to resolve them. That way the agent enhances his credibility but does not unknowingly induce the client to rely on agent advice."
- William Matz, on Providing tax advice to clients
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