Also, the fees are calculated as a percentage of the sale proceeds, not a percentage of the gain.
If the debtor sells the partnership or LLC interest, the creditor gets the sale proceeds.
Usually, a creditor can get distributions or the sale proceeds, but cannot get at the assets of the partnership or LLC itself.
But there is no net cash at all if the sale proceeds are re-invested in fresh assets, yet the IRS will insist on levying a tax.
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For a start, the government has made no promise that the racing industry will continue to have a claim on the Tote's profits, or that it will be given a slice of the sale proceeds.
If the expatriate does not file a U.S. income tax return for the year of the sale, the IRS will issue a notice of deficiency to him at his last known address for income tax on the gross sale proceeds.
By effecting the sale through a "pre-pack" - or fully pre-arranged - administration, JJB will be able to write off any of its debts that the buyer is unwilling to assume, and that cannot be repaid from the sale proceeds.
Having sold off all its non-US businesses, Mr Kunz believes the bank's partners would have been keen to end a potentially interminable legal dispute with the US in order to recover as much of the sale proceeds as possible from what had in effect become a shell company.
And if structured properly, the business owner won't owe any capital-gains tax on the sale's proceeds, which can be used to fund his or her retirement.
It was announced prior to the sale that the full proceeds from the auction would benefit 20 charitable institutions.
As a big investor, the fund could demand that the broker handling the short sale rebate to the fund a portion of the interest the broker earned by investing the proceeds of the short sale.
Half of the proceeds from the sale will benefit the Asia Society Museum in New York.
Any proceeds of a sale will be divided equally between the landowner and Mr Webster.
The second factor is the proceeds from the sale of the Dome next year.
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It prevented him from calling proceeds of the sale of his practice personal goodwill.
The proceeds of that sale will include a certain amount of profits attributed to the forbidden assets.
Proceeds from that sale are expected to be used for share buybacks and business development, says Saftlas.
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Withdrawing dividends or proceeds from the sale of shares both equate to money pulled from your portfolio.
The balance of a non-recourse mortgage is deemed to be proceeds in the sale of a property.
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The proceeds from the sale could help the bank in meeting new rules on bigger capital buffers.
The proceeds of the sale will go to the Maurice Sendak Foundation, which gives grants for artistic endeavors.
Company will also file revised plan seeking to use proceeds from asset sale closing in Q3 to repurchase stock.
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Developers earn 70 percent of App Store proceeds from the sale of their games, with Apple taking 30 percent.
An undisclosed amount of the proceeds from the sale went into Glencoe's pockets.
The biggest issue is what the board would do with the proceeds from the sale of the Asian assets.
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Banks are banned from investing more than 35% of the total proceeds from the sale of wealth-management products in loans.
Proceeds from the sale would be used to improve the school's facilities and develop a nearby unit for vulnerable children.
Friends of the pair have also released a tribute CD with proceeds from the sale going to Mr Lloyd's nine-year-old daughter.
He bought his new home, he says, with proceeds from the sale of an old one and in a less-than-prime area.
The judge also ordered that the proceeds of a sale of an apartment in New York bought by Hawkins be handed over to Clayton.
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