I am in the process of placing a bid on a local small business with a partner. The business we are looking to purchase has tremendous growth potential and we are still determining the value of the business. The seller will be excepting sealed bid offers over the next 30 days.
Are there tax incentives that we should take into account before making an offer? If I can offer more for the business knowing I may be able to recover those funds in a short period of time it may be worth offering more to win the bid.
Thank you for your time.
HighEnd Montana