Posted 11/28/2024 09:05 (#10985919 - in reply to #10985887) Subject: RE: Selling machinery from a lease between dad and son
You would have to claim the 47k as income because the planter was depreciated out unless you were counting the lease payments
as payoff on the equipment.
Need a good accountant.
INDY
Selling machinery from a lease between dad and son
