...(a) DEALERS IN PERSONAL PROPERTY. — Under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...contract price. (b) SALES OF REALTY AND CASUAL SALES or PERSONALTY. — (1) GENERAL ROLE. — Income from — (A) a sale or other disposition of real property,...

...(a) DEALIBS IN PERSONAL PBOPERTT. — Under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...completed, bears to the total contract price. (b) SALES OF REALTT AND CASUAL SALES OF PEBSONALTT. — (1) GENERAL BULB. — Income from — (A) a sale or other...

...PERSONAL PROPERTY. — (1) IN GENERAL. — Under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...payment is completed, bears to the total contract price. (2) TOTAL CONTRACT PRICE. — For purposes of paragraph (1), tne total contract price of nil sales...

...sales provisions of section 453 (b) of the Code. Section 453 (a) of the Code provides, in part, that a person who regularly sells or otherwise disposes...payment is completed, bears to the total contract price. Section 453 (b) of the Code provides, in effect, that income from the sale of real property or a casual...

...(a) ( 1 ) of the Code provides that under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...payment is completed, bears to the total contract price. Section 1. 453-2 (b) of the regulations defines the term "sale on the installment plan" as follows:...

...basis in the partnership interest was $90,000. Section 453 (a) of the Code provides, in part, that a person who regularly sells or otherwise disposes...payment is completed, bears to the total contract price. Section 453 (b) (1) of the Code provides, in part, that income from the casual sale of personal property...

...incurred by the sellers in connection with the sale. Section 453 (a) of the Code provides, in part, that a person who regularly sells or otherwise disposes...payment is completed, bears to the total contract price. Section 453 (b) of the Code provides that income from the sale of real property or a casual sale of...

...installment payment. LAW AND ANALYSIS Section 453 (a) of the Code provides that a person who regularly sells personal property on the installment plan may return...is completed, bears to the "total contract price." Rev. Rul. 60-53, 1960-1 CB 185, provides that in determining the "total contract price" (the denominator...

...370* dollars. LAW AND ANALYSIS Section 453 (a) (1) of the Code provides that a person who sells or disposes of personal property on the installment plan...the gross profit, realized or to be realized when the payment is completed, bears to the total contract price. Section 453 (b) of the Code provides that...

...PERSONAL PROPERTY. — (1) IN GENERAL. — Under regulations prescribed liy the Secretary or his delegate, a person who regularly sells or otherwise disposes...payments actually received in that year which the gross proflt. realized or to be realized when payment is completed, bears to the total contract price. ***•*•*...