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Updated over 8 years ago, 07/17/2016

User Stats

222
Posts
34
Votes
Neil G.
  • Investor
  • Socal
34
Votes |
222
Posts

Help? Buyer Rants CA PROPERTY TAX ON HOME BIZ Not Just Single Fam

Neil G.
  • Investor
  • Socal
Posted

A possible deal breaker / ball buster: Cash buyer ready to go to contract and offer pending acceptance included my home based ornamental plant nursery biz (Ebay 'PowerSeller' online store, website, the works) plus attached greenhouse, attached nursery stock inventory, attached equipment, etc. Not personal property, as attached in various manners, ie as permitted trade fixtures; okayed with zoning as well as active business/nursery permits.

Am glad to sell despite income as I'm relocating long-distance, but buyer is requesting to now separate the home biz inventory etc out of the sale as doesn't want it taxed along with the single fam. Feasible? How?!