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Advantages of a Structured Sale
An article released in the Wall Street Journal on October 19, 2006 talked about the IRS's plan to set limits on a deferral strategy that is causing some problems with Structured Sales. The PAT (Private Annuity Trust) had become popular and used widely during the real estate boom, but it currently under speculation. The IRS announced that new regulations will be set forth that will end the use of PATs for all transaction after October 18, 2006.
If you would like more information about the advantages of a Structured Sale, contact a New York structred settlement broker at Kleinick Law today!
An article published on June 1, 2006 in the Wall Street Journal pointed out some brief comparisons with Structured Sales and other plans.
Keeping the Tax Man at Bay
Sellers of appreciated property can choose from a variety of strategies designed to defer or cut capital-gains taxes. Here are some of the latest options:
Structured Sales utilize an annuity and employs proven installment sales techniques that have been used for decades. According to tax attorney Robert Wood of Wood & Porter, a "Structured Sale is a blend of an installment sale and a guaranteed payment stream."
The Structured Sale is a powerful tool to close deals and make lifelong clients. It should not be confused with the now defunct Private Annuity Trust. Feel free to email or call Creative Capital.
If you would like more information about the advantages of a Structured Sale, contact a licensed structred settlement broker at Kleinick Law today!