Thus, even if selling something via seller financing, you need to consider the interest or else the IRS will. Finally, there are more important tax considerations for installment sales. For the sale ...
In an economy still struggling on many fronts, installment sales offer a useful tool for many taxpayers to create liquidity to buy and sell property in an otherwise "credit-sparse" environment. With ...
Perhaps you are selling some real estate and you’re having trouble finding qualified buyers because the banking lending rates are too high (currently around 5%). Even more, you don’t like to be ...
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. IRS Form 6252: Installment Sale Income, reports income from property ...
The prospect of a tax cut in 2017 under a new president and Congress is one more reason why business owners who are considering selling their company may want to defer receipt of the proceeds until ...
Tax Appeals Tribunal columnist Joseph Lipari discusses '1018 Morris Park Avenue Realty', in which the New York City Tax Appeals Tribunal ruled that a corporation must recognize all gain derived from ...