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Use the Installment Method to Defer Taxes on Property

When at least one payment is received after the tax year in which the sale occurs, you can use the installment method to defer a portion of the income tax due on a gain from the sale of property such as an apartment or office building.

Certified QuickBooks ProAdvisor
The Sunderland Group, Inc.
3450 Penrose Place, Suite 150
Boulder , CO , 80301
303-440-8750