Dear accounting and tax experts: 

I'm hoping somebody can help me to record a restaurant business sale with assets/goodwill on an installment method.

A client sold her restaurant.  With the exception of a small amount of depreciation left on  kitchen equipment, she has about $35K left on Goodwill.  She entered into an sale installment agreement with the new owner.   They will pay her a set amount each month until it's done (the sale price of the business is $100K). 

 I completed the following forms and have questions for each.

1.  Form 6252 - Installment sale income putting down what they received during 2019 (sale date 9/1/19) and let the program calculate the long term gain. 

2.  Form 8594 - Asset Acquisition Statement marking her as the "seller" - Do I need to do this?  I've never done one before.  Is this required?  Does anyone know?

3. Asset Entry Worksheet - For each asset I entered the date of disposition without entering the sale price amount.   If I do that, it will calculate a taxable gain for 2019.  So I left it blank thinking we'll report any gains on the form 6252 installment sale.  The reason for this is the seller, my client, "did not" receive all of the sales proceeds.   Is this correct?

The buyer is paying her a set amount each month for the next couple years.  So I figure we'll report the pro-rate of capital gains on form 1040 schedule D every year until the payments are finished.  What's your opinion on this?

I'm asking the community to let me know if I'm close to doing it correctly.

Thank you for your help.

Mickey