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Buying a retail business and owner wants me to pay for the change rooms he put in the space 3 years ago Is th

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Answers (4)
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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

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Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Jul 5, 2017
Sam Desai
AliveMind
Los Angeles County, CA

Great Call.

Dec 24, 2014
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Thank-you. I am paying for inventory. I must take all his inventory (no negotiating) plus $15,000 for goodwill and $15,000 for store improvements. so I am have to walk away. Thanks again.

Dec 20, 2014
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The BAF Group LLC
MD

Usually, you do not pay such things, out of pocket, as a Buyer. But in certain circumstances, there can be negotiated reimbursement. It depends on the totality of the deal. But, if he paid for it three years ago, he probably took most of the Expenses and charged it off to his Tax Returns. If he depreciated it over a number of years, you should only being paying for the amount not yet depreciated. For example, if the total cost was $25,000 and he depreciated it over a 5-year period in equal amounts, he would have been "reimbursed" by the Federal Government for $15,000 already. (3 years x $5,000 per year.) Therefore, you should only be negotiating over the last $10,000 that has not yet been deducted on his taxes. You should not have to pay that first $15,000, because in a sense, the IRS has already done that.

Dec 20, 2014

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