Intuit Accountants Community
:
ProSeries Tax
:
ProSeries Tax Discussions
:
Re: Using the gain from selling a business to buy real estate, can that be use to avoid paying taxes?
sjrcpa
Level 15
12-23-2021
01:18 PM
Mark as New
Bookmark
Subscribe
Permalink
Print
Report Inappropriate Content
He can use the proceeds however he wants but it won't reduce the taxable gain on the sale
Ex-AllStar
1
Cheer
Reply