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Use the following information to complete Form 6 2 5 2 . Part II Installment Sale Income. Complete this part for all years of the

Use the following information to complete Form 6252.
Part II Installment Sale Income. Complete this part for all years of the installment agreement.
Part III Related Party Installment Sale Income. Don't complete if you received the final payment this tax year.
27 Name, address, and taxpayer identifying number of related party
28 Did the related party resell or dispose of the property ("second disposition") during this tax year? ....... Yes No
29 If the answer to question 28 is "Yes," complete lines 30 through 37 below unless one of the following conditions is met.
Check the box that applies.
a , The second disposition was more than 2 years after the first disposition (other than dispositions of marketable securities). If
this box is checked, enter the date of disposition (mmddyyyy.
b The first disposition was a sale or exchange of stock to the issuing corporation.
c The second disposition was an involuntary conversion and the threat of conversion occurred after the first disposition.
d The second disposition occurred after the death of the original seller or buyer.
e It can be established to the satisfaction of the IRS that tax avoidance wasn't a principal purpose for either of the dispositions.
If this box is checked, attach an explanation. See instructions.John Wong purchases an apartment complex on January 15,2017, for $200,000. He allocates $25,000 to the cost of land and deducts MACRS depreciation totaling $35,818.00.
John sells the apartment on January 14,2022, for $260,000. The buyer assumes the existing mortgage of $180,000 and pays $20,000 down. The buyer agrees to pay $30,000 per year for two years plus 10% interest.
John incurs selling expenses of $16,000.
His social security number is 252-63-3669.
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