- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You are correct, 150K-160K balloon payment can happen any time in the next 5 years.
I've put the numbers in as you directed, see image. Still not sure how 50K down payment is represented. Also, not sure how Gross Profit percentage (.7714) works? I figured cost basis and closing cost all got eaten up by 50K down payment so that all future cap gains from installments would be undreduced?
Thanks for your help.
‎December 27, 2024
12:55 PM