Updated about 6 years ago on . Most recent reply
Monetized Installment sale
Just heard about this today from my tax advisor. It's a new one on me, and I'm still trying to get my head around it. Anyone have any input as to pros and cons? Your experience with this?
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Thomas Rutkowski
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Thomas Rutkowski
#5 Personal Finance Contributor
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#5 Personal Finance Contributor
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I know several attorneys who have advised/prepared a legal opinion letter for my clients who have done monetized installment sales. I know a few CPAs that are familiar with the concept as well. My opinion is that a CPA really shouldn't be advising clients on legal matters. Interpretation of the codes is for attorneys, not accountants.