Selling a Storage Facility: Same Sale, Three Endings
Ray's three-site storage business sells for $9 million. See the tax bill if he takes all cash, all payments, or a mix, and where the $5 million line, depreciation recapture and a 1031 change the answer.
In this class
- What a storage sale is made of: three tax layers
- Why part of the bill is due at closing even when you are paid over time
- The $5 million line and what it costs to cross it
- 1031, Delaware statutory trust, seller carryback and insurer-backed payments, side by side
- Which ending fits your sale
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.