piecey
Level 1
‎12-07-2019 02:19 AM
 
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piecey
Level 1
‎12-07-2019 02:19 AM
My client sold a building that at one time had been a rental property.  The client acquired a vendor's lien as part of the settlement.  
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sjrcpa
Level 15
‎12-07-2019 02:19 AM
Client would record the lien at the local courthouse. It has no tax return effect.

The more I know the more I don’t know.
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sjrcpa
Level 15
‎12-07-2019 02:19 AM

More details please. Who sold what? Are you prparing buyer's or seller's return. How does the lien fit in?


The more I know the more I don’t know.

View solution in original post

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IRonMaN
Level 15
‎12-07-2019 02:19 AM
Sounds like the vendor is a skinny guy ------------------- if that helps :smile::smile:

Slava Ukraini!
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