It is that time of year for completing your 2014 tax returns. Send your buyers and sellers a copy of their HUD 1 Settlement Statement. For tax purposes to prove that the transfer of ownership is legal and valid. There are also many tax deductible items that buyers and sellers can deduct. Of course we are Realtors, not CPA’s so we don’t offer tax advice but sending your client their HUD 1 is a nice gesture.