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    bonnie2's Avatar
    bonnie2 Posts: 1, Reputation: 1
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    #1

    Feb 27, 2013, 08:12 PM
    Capital gains tax on contract for deed
    We are selling a business and would like to reinvest to avoid some of the capital gains tax. However, we are selling on a contract for deed and will be receiving monthly payments, instead of one lump sum. How do we reinvest?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 27, 2013, 09:58 PM
    Yours is a complex question involving an installment sale.

    You need to consult with a local tax professional with experience in such sales to get the full picture of what your tax strategy will be. The variables are too many to cover in a forum like this.
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