piecey
Level 1
12-07-2019
02:19 AM
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piecey
Level 1
12-07-2019
02:19 AM
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My client sold a building that at one time had been a rental property. The client acquired a vendor's lien as part of the settlement.
sjrcpa
Level 15
12-07-2019
02:19 AM
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Client would record the lien at the local courthouse. It has no tax return effect.
Ex-AllStar
Ex-AllStar
sjrcpa
Level 15
12-07-2019
02:19 AM
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More details please. Who sold what? Are you prparing buyer's or seller's return. How does the lien fit in?
Ex-AllStar
IRonMaN
Level 15
12-07-2019
02:19 AM
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Sounds like the vendor is a skinny guy ------------------- if that helps :smile:
Slava Ukraini!
Slava Ukraini!