Hello all,
Looking for some advice.
I took over a business that didn't require I put up any money up front. But It requires that I make installment payments from future earnings to the seller. Can the payments to the seller be used as basis in the future when I sell the business?
Looking for some advice.
I took over a business that didn't require I put up any money up front. But It requires that I make installment payments from future earnings to the seller. Can the payments to the seller be used as basis in the future when I sell the business?