### Question
How does METHODS OF ACCOUNTING define dealer disposition?


### Answer
Under *26 U.S.C. § 453*, **dealer disposition** is defined as:

> any of the following dispositions:


#### (A) Personal property


Any disposition of personal property by a person who regularly sells or otherwise disposes of personal property of the same type on the installment plan

#### Citation:
  - *26 U.S.C. § 453*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart B-Taxable Year for Which Items of Gross Income Included**

