And one that provided potential benefits to the seller as well?
In order for the deal to provide a tax break to the seller, the minority interest must be at least 20 percent.
If the rate is lower, the corporation will pay the difference to the seller.
This figure is revealed to the seller and the audience at home.
Among other things, the buyer must state why the price being offered is fair to the seller.
In a resale house the same questions can be put to sellers.
But the losses must be available to the seller in the year the house is sold or carried forward from previous years.
In order to do so it paid an additional $250,000 to the seller, who had his own mortgage on the property.
The form must be delivered to the seller before a contract is signed.
This prohibition does not extend to other sellers of the book.