CareCPA
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Interesting, I'll have to check that out.The way to deal with that is have them put part of the sale price into an "immediate" annuity (or more than one if deferring parts for multiple years). Set the annuity's payout option so that it defers payment 1,2,3, up to 20 years, depending on what you're trying to do. The annuity should be guaranteed by an A+ rated life insurance company, so you have a state guaranty fund to fall back on in the unlikely event the carrier fails.
That's how I've seen it done anyway. IRS is supposed to treat this as an installment sale for tax purposes, but no broke buyer to chase down. M&A life hacks.
Normally Seller-financing happens because the Buyer can't get enough funds from the bank. I can honestly say I've never seen it used like this by the Seller.
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