lyndaj0331
Level 5

Yes - I am sure he had another buyer already lined up for the business.  It is a very big business down on the Ocean City Boardwalk.  My client just didn't actively participate and ended up losing business the first, third and fourth years.  So, he made a deal with the landlord to just take the business over and walk away.  It's crazy, I know.  But, how do I record the sale of the business?

0 Cheers