joans Posted March 8, 2009 Report Posted March 8, 2009 Howdy All - Have TP that sold house to multiple buyers on an installment sale. They are using it as a cottage. Is there a spot on 6252 to enter more than one buyer? Help please:) Sara Quote
RoyDaleOne Posted March 8, 2009 Report Posted March 8, 2009 I suggest entering Joe Buyer, et. al. Quote
joans Posted March 8, 2009 Author Report Posted March 8, 2009 I created a statement and added the additional buyers. Will that work? Quote
TAXBILLY Posted March 8, 2009 Report Posted March 8, 2009 Is each buyer paying you separately? If they are then I would set up multiple 6252s. You may eventually run into a case where one buyer may not pay you. taxbilly Quote
RoyDaleOne Posted March 8, 2009 Report Posted March 8, 2009 You bet cha. Doesn't sound like Sarah Palin. I think that is a great solution. Quote
joans Posted March 8, 2009 Author Report Posted March 8, 2009 It seems like it is the kids buying the cottage from their aging parents. I guess if one doesn't pay I would assume they will duke it out and have the ultimate family feud:) Funny, one of the kids is actually from Wasalla, Alaska. Probably know Sarah Palin Quote
Lion EA Posted March 8, 2009 Report Posted March 8, 2009 Did he just have a baby with a funny name? Is he getting married? Quote
joans Posted March 8, 2009 Author Report Posted March 8, 2009 LOL No - a lot older - would probably have a heart attack if had a baby now:) Quote
mcb39 Posted March 9, 2009 Report Posted March 9, 2009 LOL No - a lot older - would probably have a heart attack if had a baby now:) Sara.....do you drive a yellow SUV? Granddaughter drove me past Joans today and I wondered if you were working. Quote
joans Posted March 9, 2009 Author Report Posted March 9, 2009 Yep - I have a yellow Jeep Wrangler. And yes I was working. I always work. Joans on Mon, Tues, Thurs, Fri & Sun. Taco Bell on Wed & Sat. Such is the life I lead during tax season:) Plus extra account at home at night with 4 year old daughter in tow!! Gotta love it Sara Quote
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