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The sale of an interest in a partnership is treated as a capital asset transaction; it results in capital gain or loss. But the part of any gain Understanding the Tax Implications of Selling a Business

The sales of property is treated like stocks, this would be considered capital gain and is taxed. Also, keep in mind the sale of a business all The sale of a business usually triggers a long-term capital gain for the seller and federal capital gains taxes will apply. Some general frameworks and thoughts relative to how a purchase price is allocated, and what the tax implications are based on

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