Posted by chet on January 12, 2005 at 24:32:28:
sounds like an installment sale, but check w/ CPA or atty.
Is this arrangment possible?
With enough $$ and attys, I would say yes.
Equity transfer stock for real estate? - Posted by Chris-PA
Posted by Chris-PA on January 11, 2005 at 13:26:30:
Hi I have a commercial office building that we are negotiating lease terms with a college from NY. I live in PA. We would actually like to sell the building after we have owned it for a year (this Septmeber) and want to offer the college an arrangement where they would buy our LLC, make payments on our $1 million loan and give us 15% down, and pay us the rest of our equity in company stock. The company tha towns the college is a publicly traded company. Is this arrangment possible? If it is, when is the gain taxable, on sale of the stock or transfer of the equity? (sale of building).
Thanks,
Chris