A discussion of IRC Section 453 (Installment Sales) and how this Code provision can be used to defer, time, and otherwise assistsellers of highly appreciated assets in terms of maximizing cashflow, minimizing tax liability and essentially playing with“house money” upon the disposition of assets subject to capitalgains taxation.
Learning Objectives
To shed light on an oft overlooked provision of the Internal Revenue Code at a time when cash is king. To educate those unfamiliar with IRC Sec. 453 on its uses and limitations.
Major Topics
A discussion of IRC Section 453 (Installment Sales) and how this Code provision can be used to defer, time, and otherwise assistsellers of highly appreciated assets in terms of maximizing cashflow, minimizing tax liability and essentially playing with“house money” upon the disposition of assets subject to capitalgains taxation.
