Discussion:Sales of land

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Revision as of 16:29, 17 September 2009
Kevinh5 (Talk | contribs)

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Lrussell (Talk | contribs)
(Thanks Kevin, I)
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IRC §453 and related regs, if you want to look for the exact cite, you're welcome to.}} IRC §453 and related regs, if you want to look for the exact cite, you're welcome to.}}
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 +{{ForumReplyPost|UserID=Lrussell|Date=17 September 2009|Text=Thanks Kevin, I appreciate your help.}}

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Discussion Forum Index --> Advanced Tax Questions --> Sales of land
Discussion Forum Index --> Tax Questions --> Sales of land

Lrussell (talk|edits) said:

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?

Kevinh5 (talk|edits) said:

17 September 2009
you are correct

IRC §453 and related regs, if you want to look for the exact cite, you're welcome to.

Lrussell (talk|edits) said:

17 September 2009
Thanks Kevin, I appreciate your help.