Question
all of the following taxpayers would like to report the sale of as an installment cell which of the following taxpayers may do so a
all of the following taxpayers would like to report the sale of as an installment cell which of the following taxpayers may do so a Roger who sold his entire inventory value at $14,000 to solve for $24,000 so I'll intends to pay him back $9,000 per year for the next 3 years b Ryan who sold a backhoe to Glenn for 6000 Ryan paid 7,000 for the equipment when it was new and he had fully depreciated he sold it c. yehudit who sold a rental condo for $139,000 she has purchased it for $70,000 and claim 25,000 to appreciation her brother will assume her $14,000 mortgage and intends to pay $25,000 per year plus 6% interest for 5 years c. Shelly who sold a plot of land for $58,000 she purchased it for $45,000 and pay $25,000 for improvements her buyer intends to pay the land over 5 years
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