CITY OF RIVERSIDE USE ONLY - DO NOT WRITE BELOW THIS LINE. You will be required to provide information about the type of business, assets, property, machinery, and equipment used for business purposes.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 if:. Use Form 4797 to report: The sale or exchange of property. The involuntary conversion of property and capital assets. To do so, please fill out the section on the bottom of this form. SERVICE OF PROCESS ADDRESS, PURSUANT TO AB 2184 - AVAILABLE FOR PUBLIC INSPECTION. ✓ Complete IRS Form 8594 Asset Acquisition.