I am about to sell what was a 1031 rollover commercial real estate investment. I want to learn more about doing a structured sale, as described here: http://en.wikipedia.org/wiki/Structured_sale
My goal is to postpone and spread out capital gains taxes and pay 15% instead of 20% capital gains.
I understand the concept, but I don't know how to go about setting it up, what it costs, and who would handle the investments and pay outs.
My lawyer and CPA are not familiar with this procedure. Why they do not causes me concern, but I want to learn more before deciding.
Thanks for any advice and information you can offer.
Structured Sale in Commercial Real Estate Sale
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Re: Structured Sale in Commercial Real Estate Sale
Be prepared for an IRS audit http://www.bpmcpa.com/Library/1031-Exchange-Audits.asp
Re: Structured Sale in Commercial Real Estate Sale
The article (from May of 2012) refers to a 1031 rollover and like-kind exchange. What I am asking about is a structured (installment) sale of what was a 1031 investment I now want to sell, and not roll over. I've done the rollover twice and had no issues with the IRS.