Discussion:Sales of land
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Discussion Forum Index --> Advanced Tax Questions --> Sales of land
Discussion Forum Index --> Tax Questions --> Sales of land
| 17 September 2009 | |
| My client is a land developer. I am trying to determine if the installment method is an option when he sells land in which he is the lender. I don't think it is because I believe the land would be considered inventory. Can someone please confirm? | |
| 17 September 2009 | |
| you are correct
IRC ยง453 and related regs, if you want to look for the exact cite, you're welcome to. | |
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