Notas del episodio
Installment Sales: Tax Strategy for Deferring Capital Gains
In this episode of How to Lower Your Tax Bill, host Terrence Hutchins explores how installment sales can help defer capital gains taxes and provide flexible income streams for property owners and business sellers. Terrence, a financial and tax advisor in the Dallas-Fort Worth area, breaks down the rules, benefits, and potential pitfalls of this strategy.
What You’ll Learn:
- Installment Sale Basics: What qualifies as an installment sale and why you might choose this strategy.
- Tax Benefits: How deferring capital gains taxes can help reduce your overall tax burden.
- Interest Requirements: When and why you must charge interest on deferred payments.
- Depreciation Recapture: Why depreciation must be reported as ordin ...