Adam Gopnik 360x1000
Learned Hand 360x1000
2gucci
Margaret Fuller 2 360x1000
2lookingforthegoodwar
199
1jesusandjohnwayne
10abion
1falsewitness
2confidencegames
Maurice B Foley 360x1000
Susie King Taylor2 360x1000
Anthony McCann1 360x1000
Spottswood William Robinson 360x1000
1paradide
Stormy Daniels 360x1000
4albion
11632
6albion
2falsewitness
11albion
13albion
Samuel Johnson 360x1000
2paradise
LillianFaderman
Storyparadox1
1albion
3defense
1gucci
Mark V Holmes 360x1000
Thomas Piketty3 360x1000
8albion'
399
6confidencegames
9albion
1madoff
14albion
2lafayette
Margaret Fuller 360x1000
2albion
1confidencegames
George F Wil...360x1000
2theleastofus
4confidencegames
1defense
2defense
12albion
1trap
2jesusandjohnwayne
James Gould Cozzens 360x1000
3albion
1empireofpain
1lafayette
7albion
Edmund Burke 360x1000
2trap
Tad Friend 360x1000
Margaret Fuller2 360x1000
Office of Chief Counsel 360x1000
3theleastofus
1lauber
299
Margaret Fuller1 360x1000
Susie King Taylor 360x1000
Gilgamesh 360x1000
Ruth Bader Ginsburg 360x1000
499
Richard Posner 360x1000
Margaret Fuller3 360x1000
3confidencegames
Mary Ann Evans 360x1000
1lookingforthegoodwar
Maria Popova 360x1000
2transadentilist
1transcendentalist
7confidencegames
Margaret Fuller5 360x1000
5albion
storyparadox3
AlexRosenberg
George M Cohan and Lerarned Hand 360x1000
5confidencegames
3paradise
storyparadox2
Margaret Fuller4 360x1000
Thomas Piketty2 360x1000
lifeinmiddlemarch1
Anthony McCann2 360x1000
Lafayette and Jefferson 360x1000
lifeinmiddlemarch2
Betty Friedan 360x1000
Brendan Beehan 360x1000
Thomas Piketty1 360x1000
1theleasofus

The promoters of Monetized Installment Sales got some bad news from the IRS earlier this month.  The IRS released an analysis done by the Office of Chief Counsel outlining six, count them six, ways in which the transaction does not work as the promoters claim.  The release will not stop the industry in its tracks, but it will probably be a relief to practitioners who have been advising that the technique is flawed.

 

How MIS Supposedly Works

 

The Monetized Installment Sale (MIS) seems like a really great deal,  If you want countless enthusiastic explanations of it, I suggest that you search the term on YouTube.  That is where you will encounter what Ruth Benjamin of Financial Tax Strategies refers to as “introducers”.  If you have a big capital gain coming up and mention it to your barber or at the coffee hour after church, an introducer is likely to find you. According to one of my sources they are indefatigable.

The balance of this article is available to subscribers to

  Think Outside The Tax Box