Rolling commission back into closing and prepaids

[Chris London]

This question is for those that are able to earn commission (R.E. agents) and buy their own properties.

In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my closing and prepaids.

My lender seems to be fine with it and I just e-mailed the attorney to confirm.

Who does this and is there anything I should be aware of?

What do I need to be aware of in regard to income tax liability.

Any reason not to do it?