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

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