Discussion Issue 2: Sales of Real Estate Between Related Entities

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The second paper in our Financial Discussion series looks at two questions around the sale of real estate between related entities: 

  • Accounting by Buyer and Seller Upon Disposition/Acquisition of a Property

  • Revenue Recognition for Excess Cash Paid by the Buyer to the Seller Upon Sale

Covering GAAP analysis of the questions, CPA recommendations and CFO response this paper was written by the Strength Matters Financial Professionals Working Group. 

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