Depending on the credit standing of the purchaser

Reader comment on: Buffett's Latest
in response to reader comment: What About the Selling Small Business Owner?

Submitted by Lyle (United States), Nov 26, 2012 17:45

It is possible to do an installment sale, when one only pays taxes on the money received. Of course this is effectively annuitizing the sale of the business. But if the business person does not consult a lawyer and CPA on the sale he probably deserves the taxes he pays. (If there is enough money to hit the thresholds) See IRS pub 537 for details.

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Title By Date
Why didn't you read Buffet's article? [147 words]R ColemanNov 26, 2012 17:09
Bernstein's idea [26 words]MichaelNov 26, 2012 12:51
Mankiw has a good take as well [29 words]ErikNov 26, 2012 11:36
What About the Selling Small Business Owner? [102 words]Russell FuhrmanNov 26, 2012 11:35
↔ ⇒ Depending on the credit standing of the purchaser [65 words]LyleNov 26, 2012 17:45
↔ And the beat goes on [6 words]Dan CalabriaNov 26, 2012 20:36
↔ Re: Installment Sale [175 words]Russell FuhrmanNov 26, 2012 23:18
↔ Help
[w/response] [8 words]		Dan CalabriaNov 27, 2012 08:34

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