There may be some imputed taxation issues that you need to disclose.

I haven't seen that movie however I can predict more taxes in the form of unseen or phantom taxes (you know the ones, you hear about them ONCE on the news and suddenly there they are and quickly forgotten) like the gasoline tax or the cigarette tax...perhaps now we will have the "bottled water tax" or the "federal *** emissions tax" (aka: the farmer's stock animal fart tax) or the "domestic house pet tax" on the pet food from the store.......because they sure as hell are not going to stop SPENDING our money or earmarking.....Soon taxpaying Americans will be storming the borders of Canada and Mexico just to stop the taxation madness of the next SEVERAL generations.

What structure would carry the least amount of taxation?

Also a little financial planning/and Taxation knowledge will be most helpful because that is the type of seller you should be looking for to consumate the perfect win-win lease option/sub 2 transaction.

Since that's less than the $15K depreciation, you'll pay depreciation recapture tax at 25% (currently) on the $14K gain.

If its a rental property, some of that gain would be subject to depreciation recapture tax at 25%.The point is, however, that gurus often advocate this strategy of doing a cash out refinance to "take your money tax free".

U.S. persons currently enjoy a credit that shelters the first $3,500,000 of assets from taxation, as opposed to foreigners who have only a $60,000 credit.

"Some, who have not denied the necessity of the power of taxation, have grounded a very fierce attack against the Constitution, on the language in which it is defined.

:wink: )We don't make stuff anymore so our trade deficit is growing and taxation is the only way to gain revenue.I would love to abolish all payroll taxes and just go with sales tax.

Republicans will call for Tax Cuts, Democrats will enhance taxation, But who's gonna revive Manufacturing in America ?