H.R. 3440 — To amend the Internal Revenue Code of 1986 to allow dealers in real estate to use the installment sales method.

Summary

Amends the Internal Revenue Code to repeal the prohibition against dealers in real property using the installment method for reporting income from an installment sale.

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Legislative Actions

2009-07-31
Introduced in House
2009-07-31
Introduced in House
2009-07-31
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to allow dealers in real estate to use the installment sales method.

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