Smartest Way to Structure a Sale for Tax Reasons...?

todd02

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Say I was considering selling my 500k Revenue producing book and I could get 3x for it. 1.5 million.

Does anyone know a smart way to get the payout so uncle same doesn't take all my hard earned retirement money?
 
Say I was considering selling my 500k Revenue producing book and I could get 3x for it. 1.5 million.

Does anyone know a smart way to get the payout so uncle same doesn't take all my hard earned retirement money?

I would consult with a CPA.
 
I don't have any first hand experience, but the people I know who have sold businesses outside of the insurance world financed it so they didn't have a lump sum hitting them all at once.

Not sure how applicable that is to you.
 
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