This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Asset Business Sale Form With Personal Use In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. Business Personal Property deals with the physical assets used in the operation of the business.Consult the table in the following section for a list of specific assets typically categorized as real or personal property. This Drake Tax article discusses the sale of an asset used for personal and business use. All forms are fillable. You can fill it out in Reader and print it from there. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity.