THRIVE SANTA ANA, INC. (8) - Laserfiche WebLink

Home Browse Search

Escrow or Exchange No. OSA-7376481 Remitter name SSN,ITIN, FEIN,CA corp no.,or CA SOS file no. First American Title Company 95-2295073 Part V Buyer/Transferee Information Complete this part if you checked box 11 in Part IV for an installment agreement. First name/Grantor Initial Last name/Grantor SSN or ITIN Spouse's/RDP's first name(if jointly purchased) Initial Last name Spouse's/RDP's SSN or ITIN Business/Nan raptor Trust name(if applicable) ®FEIN E]CA Corp no. [:]CA SOS file no. THRIVE Santa Ana, Inc. 82-0724453 Address(apt. ste room,PO box or PMB no. 1907 W. Mlnut St. Suite 10 City(If you have a foreign address,see instructions.) State ZIP code Tele hone number Santa Ana CA 92703 (714) 425-5562 Principal Amount of Promissory Note Installment Amount Interest Rate Repayment Period Number of months Buyer's/Transferee's Acknowledgment to Withhold Read the"Buyer/Transferee"Information below. I acknowledge that I am required to withhold on the principal portion of each installment payment to the seller/transferor for the above shown California real property either at the rate of 3 1/3%(.0333)or the Alternative Withholding Calculation,as specified by the seller/transferor on Form 593, Real Estate Withholding Statement,of the principal portion of each installment payment.I will complete Form 593 for the principal portion of each installment payment and send one copy of each to the Franchise Tax Board(FTB)along with Form 593-V,Payment Voucher for Real Estate. Withholding,the withholding payment,and give one copy of Form 593 to the seller/transferor.I will send each withholding payment to the FTB by the 20th day of the month following the month of the installment payment.If the terms of the installment sale, promissory note,or payment schedule change,I will promptly inform the FTB.I understand that the FTB may review relevant escrow documents to ensure withholding compliance.I also understand that I am subject to withholding penalties if I do not withhold on the principal portion of each installment payment and do not send the withholding along with Form 593 to the FTB by the due date,or if I do not send one copy of Form 593 to the seller/transferor by the due date.Go to Side 3,complete the perjury statement and sign. Part VI Computation Complete this part if you checked and certified box 3 in Part III,or to calculate an alternative withholding calculation amount. 13.Selling price........................................................................................................................................................................ Oe 13 14.Selling expenses........................................................................................................................................................................ 14 15.Amount realized.Subtract line 14 from line 13 ................................................................................................................... 15 16.Enter the price you paid to purchase the property(see instructions, How to Figure Your Basis.) ........... 16 17.Seller[Transferor-paid points....................................................................................... 17 18. Depreciation................................................................................................................. 18 19.Other decreases to basis............................................................................................. 19 20.Total decreases to basis.Add line 17 through line 19................................................................................. 20 21.Subtract line 20 from line 16........................................................................................................................ 21 22.Cost of additions and improvements......................................................................Q 22 23.Other increases to basis.........................................................................................0 23 24.Total increases to basis.Add line 22 and line 23 ....................................................................................... 24 25.Adjusted basis.Add line 21 and line 24............................................................................................................................�j. 25 26. Enter any suspended passive activity losses from this property................................................................ 26 27.Add line 25 and line 26 ............................................................................................................................................................. 27 28. Estimated gain or loss on sale. Subtract line 27 from line 15 and enter the amount here. If you have a loss or zero gain,skip lines 29 and 30. Certify on Side 3.Withholding is not required. If you have a gain,go to line 29 to calculate your withholding ................................................................................... 28 Side 2 Form 593 2025 8602263