6 2 5 2 Installment Sale Income OMB No. 1545-0228
Form ~via
> See separate Instructions. P Attach to your tax return. 1990
Department of the Treasury
internal Revenue Service Use a separate form for each sale or other disposition of property on the installment method. Attachment
Sequence No. 79.
Name(s) shown on tax return Identifying number

Description of property >
Date acquired (month, day, andyear) » |__/ -—/_ ~~}: © :-« Date sold (month, day, and year) » |= -/ Ss / ids;
Was the property sold toa related party after May 14, 1980? (See Instructions.) . . . Loves LINo

If the answer to D is ‘‘Yes,'’ was the property a marketable security? (If “Yes,” complete Part Ill. If “No, complete
Part Ill for the year of sale and for 2 years after the year of sale.) . . Cl Yes oO No

Gross Profit and Contract Price (Complete this part for the. year of sale only, 7”

1 Selling price including mortgages and other debts. (Do not include interest whether stated or unstated.) . | 1
2 Mortgages and other debts the buyer assumed or took the property subject to,
but not new mortgages the buyer got from a bank or other source .
3 Subtract line 2 from line 1 .
4 Cost or other basis of property sold
5 Depreciation allowed or allowable
6 Adjusted basis. Subtract line 5 from line 4 .
7 Commissions and other expenses of sale
8 Income recapture from Form 4797, Part Ill. See Instructions :
9 Addlines6,7,and8. . . . ce ee ES
10 Subtract line 9 from line 1. If zero or less, do not complete the rest of this form soe 10
11 If the property described in question A above was your main home, enter the total of lines 9g and ‘15
from Form 2119. Otherwise,enter-O- 2 2. 2 . pL
12 Gross profit. Subtract line 11 from line 10 So oo . 12
13 Subtract line 9 from line 2. If zeroorless,enter-O- . 2 2. 2 2... ho . » . LIZ
14 Contract price. Addline3andlinel13 . . : 14

[Part 1] Installment Sale Income (Complete this part fe for the year r of sale and any year you receive a payment or have
certain debts you must treat as a payment on installment obligations.)

mou>

loo |S Jon fon | Jew [ro

15 Gross profit percentage. Divide line 12 by line 14. (For years after the year of sale, see Instructions.) . 15 {_
16 For year of sale only—enter amount from line 13 above; otherwise, enter -0- noe 16
17 Payments received during year. See Instructions. (Do not include interest whether stated or unstated ) 17 —

18 Addlines16and17... . . : . LPB

19 Payments received in prior years. “See Instructions. (Do ‘not include
interest whether stated orunstated.) . . .......... LI9

20 Installment Sale Income. Multiply line 18 byline15 . Soe 20
21 Part of line 20 that is ordinary income under recapture rules. See Instructions . res a> |
22 Subtract line 21 from line 20. Enter here and on Schedule Dor Form4797_. . 22

Related Party Installment Sale Income (Do not complete if you received the final payment this tax year.)
F Name, address, and taxpayer identifying number of related party

G Did the related party, during this tax year, resell or dispose of the property (“second disposition")?. . . . . . . []Yes [_JNo
H_ If the answer to question G is “Yes,” complete lines 23 through 30 below unless one of the following conditions is met (check only the box that applies).
The second disposition was more than two years after the first disposition (other than dispositions of marketable
securities). If this box is checked, enter the date of disposition (month, day, year), . rn 2
L The first disposition was a sale or exchange of stock to the issuing corporation.
O The second disposition was an involuntary conversion where the threat of conversion occurred after the first disposition.
im The second disposition occurred after the death of the original seller or buyer.

It. can be established to the satisfaction of the Internal Revenue Service that tax avoidance was not a principal purpose for either of the
dispositions. If this box is checked, attach an explanation. See Instructions.

23 Selling price of property sold by related party . So _ 23
24 Enter contract price from line 14 for year of first sale . sy | RM
25 Enter the smaller of line 23 or line 24 . oe 25
26 Total payments received by the end of your 1990 tax year. Addines 18and19.. . . [26
27 Subtract line 26 from line 25. If zero or less, enter -O- . toe 2. LaZr
28 Multiply line 27 by the gross profit percentage on line 15 for year of first sale. . Soe 28
29 Part of line 28 that is ordinary income under recapture rules. See Instructions . . . . . . . 2g
30 Subtract line 29 from line 28. Enter here and on Schedule DorForm4797_. _ | 30

For Paperwork Reduction Act Notice, see separate Instructions. “U.S. Government Printing Office: 1990 — 265-374 Form 6252 (1990)