Installment land sales
"A sale of farmland when the purchase price is paid over time is called an installment sale. Installment sale transfer of farmland can be advantageous to both the buyer and seller. The buyer can purchase a farm with a low initial capital investment. Sellers benefit because the income tax laws allow spreading capital gains over a period of years. By reporting the capital gain over a longer period, the total income tax paid on the capital gain can be reduced."--First page.
Archive version. For the most recent information see extension.missouri.edu.
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