|
| Law has not changed you are trying to equate what happens in a write down situation to what happens when a buyer defaults ion A Contract for Deed they are totally different unrelated transactions. In your $1500/a example you said the seller had unrealized gains of $1000/a. How can he have that type of gain when never received the whole $1500/a in the first place? On the portion that was paid by the buyer the seller has already paid his capital gain tax liability, your example would make him pay double the tax. | |
|
market turns
