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Third Party Independent Installment Sale

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Third Party Independent Installment Sale

Third Party Independent Installment Sale

IntuitBettyJo
Community Manager
Community Manager

Released June 2023 - 

A Third party independent installment sale is a legal contract between the taxpayer and an unrelated third-party trust/trustee. Under the contract, the taxpayer sells a highly appreciated asset to the trust in return for structured future payments. The trust allows for the deferral of capital gains tax by breaking up the gain into installment payments.