Form 8594
Asset Acquisition Statement
Allocates the purchase price across the seven IRS asset classes. Both buyer and seller must file consistent allocations. Lend. generates the completed form at deal setup.
Required by: Both parties
Lend. — Business Sale Financing
You sold the business. We handle the paperwork.
Track installment payments from your buyer, generate Form 8594, Form 6252, Form 1099-INT, and your CPA Package — all automatically.
$200K–$5M deal sizesForm 8594 readyForm 6252 + §12451099-INT included60-day free trial
lend.gsquarelabs.com/dashboard
Good morning,
Carlos M. González.
Outstanding balance
$487,200
Monthly payment
$8,750
Annual interest
$28,512
Business sold
Tropical Laundry, Bayamon PR — Sale $575,000
Recent payments
Mar 1 — $8,750.00Confirmed
Principal $5,420 · Interest $3,330
Feb 1 — $8,750.00Confirmed
Principal $5,328 · Interest $3,422
Jan 3 — $8,750.00Late
Principal $5,238 · Interest $3,512
$200K–$5MTypical deal sizes
5 formsTax forms covered
JanuaryCPA Package auto-built
1 toolEverything you need
The problemYou sold the business.
You sold the business.
The paperwork stayed.
A seller-financed business sale generates more tax forms than almost any other transaction: Form 8594 for asset allocation, Form 6252 for installment income, Form 1099-INT for interest paid, and potentially §1245 depreciation recapture. Most sellers discover this when the CPA sends the bill.
Without Lend.
- Spreadsheets to track payments
- CPA builds 8594 manually — $800+
- No 1099-INT → IRS penalties
- Buyer doesn't know how much interest they paid
With Lend.
Automated payment dashboard- Form 8594 generated at deal setup
- 1099-INT + 480.6A generated each January
- Buyer portal with 24/7 access
Forms included
Everything your CPA needs.
Form 6252
Installment Sale Income
Calculates the gross profit percentage and reports recognized gain each year until the balance is paid in full. §1245 recapture is handled as part of the calculation.
Required by: Seller
Form 1099-INT
Interest Income
Required when the buyer pays you $600 or more in interest during the year. Filed with the IRS and delivered to the buyer for their tax deduction.
Required by: Seller issues to buyer
PR Form 480.6A
Hacienda's equivalent of 1099-INT
The Puerto Rico form for reporting interest income to Hacienda. Required when the business, property, or parties have nexus in Puerto Rico.
Required by: Puerto Rico only
CPA Package
Full year-end bundle
Lend. bundles all year forms into one PDF each January — 8594 (year of sale), 6252, 1099-INT or 480.6A, and the seller summary with interest and principal breakdown.
Required by: All-in-one
How it works
Set up in 15 minutes.
- 01
Enter deal details
Sale price, asset allocation, interest rate, note amount, and payment schedule. Lend. calculates the 8594 and amortization schedule instantly.
- 02
Record or connect payments
Buyer payments are logged manually or detected automatically via email (ATH Móvil, Zelle, Venmo, PayPal, ACH). Balance and interest breakdown update in real time.
- 03
Buyer accesses their portal
Invite the buyer to their secure portal to view the amortization schedule, payment history, and tax forms. No more phone calls about how much they paid.
- 04
January: download CPA Package
One PDF with Form 6252, 1099-INT (or 480.6A), and the year-end summary. Hand it to your CPA. Repeat every year until the note is paid off.
Pricing
Simple, transparent.
Business Sale
$30/mo · first note
$22/mo each additional note
$200K–$5M deal sizes
- Full payment dashboard
- Amortization schedule
- Form 8594 — asset allocation
- Form 6252 + §1245 recapture
- Form 1099-INT + PR Form 480.6A
- FL doc stamp where applicable
- CPA Package PDF — auto-built each January
- Buyer portal with secure access
- Buyer reference copy
- gSquare Labs team support
Form 8594 prep can cost $500–$1,500 with a CPA. Lend. generates it automatically.
No charge until your trial ends. No contracts.
Common questions
Answers you need.
Does Lend. only cover real estate sales?
No. In addition to property mortgages, Lend. covers personal loans and business sales. Business sales are a separate obligation type with their own set of tax forms (8594, 6252, 1099-INT, 480.6A).
What if the sale already started and I have months of payments?
You can import existing payment history when setting up the deal. Lend. will recalculate the current balance and interest breakdown so future tax forms are correct.
Do earnout structures or irregular payment schedules work?
Yes. You can log manual payments of any amount at any time. Earnouts or irregular payment structures are recorded as manual payments; Lend. updates the balance and interest breakdown automatically.
What is the $5M limit?
Lend. is designed for individual deals from $200K to $5M, covering the majority of small and mid-sized business sales. If your deal is larger, contact us — we'd like to hear more.
Does the buyer get access to documents?
Yes. You can invite the buyer to a secure portal where they can view their amortization schedule, payment history, and tax form printouts. They don't need a paid account — buyer access is included in your subscription.
Does the buyer also need to file Form 8594?
The IRS requires both buyer and seller to file Form 8594 with consistent allocations. Lend. generates the form from the seller perspective. Share a reference copy with your buyer so your respective CPAs can coordinate the allocations.