Selling a Mobile Home Park: Three Endings for One Sale
Gail bought her 90-space park in 1994. Now there is a $6 million offer, and a tax bill of more than $2 million if she takes it all in cash. Watch the free movie to see three endings for the same sale, with the real math.
In this class
- What the tax code does to roads, sewers, rental homes and equipment when a park sells
- Take the cash, spread the sale out, or mix both, side by side
- Why part of the tax is due in year one even on an installment sale
- What to know before residents or a buyer ask you to carry the note
Watch the full class free
Enter your email and the full class opens right here. We also email you the link.
Want this run on your own sale?
Book the free scope call. Hans looks at your sale himself and replies within 1 business day.
Education, not legal or tax advice. Hans is an Enrolled Agent (EA), admitted to practice before the Internal Revenue Service. He is not a CPA, attorney or registered investment adviser; the analysis models tax effects and does not recommend specific securities. Examples are general and hypothetical; your numbers depend on your facts. Coordinate any decision with your CPA and attorney.
Hans Goldstein is an Enrolled Agent, admitted to practice before the Internal Revenue Service. Not affiliated with or endorsed by the IRS. General education, not tax or legal advice for your situation.
Conflict of interest: Hans is also a licensed insurance producer with a separately owned insurance business. That business is not part of this engagement, and the analysis does not recommend insurance products. If you later choose an installment sale funded through an insurance company, that company pays Hans a commission through his separate insurance business.
Hans Goldstein: Tax & Exit Planning, 1401 21st St, Ste R, Sacramento, CA 95811.