Tax Implications of Selling Note - Posted by Alicia

import · March 17, 1999, 8:08pm

Posted by Alicia on March 20, 1999 at 11:45:54:

Thank you for your response. I am really seeing the
advantages of owner financing for both the seller and the buyer…quicker sale, less hassles, and no marked
tax disadvantage. Not bad!
Thanks again…Alicia

import · March 17, 1999, 8:08pm

Posted by Alicia on March 17, 1999 at 21:08:27:

Hello,

If I sell a note for a discount, do I have to pay
capital gains taxes on the full amount, or on the actual cash in hand?

Thanks for the info.

Alicia