if you qualify for the exclusion, you will exclude all the gain up front. Only

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Mar 22, 2019
9:39:07am

byuprof All-American

if you qualify for the exclusion, you will exclude all the gain up front. Only

taxed on interest part of installment payments

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byuprof

Bio page: byuprof
Joined: Oct 14, 2002
Last login: May 5, 2024
Total posts: 3,177 (477 FO)

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Messages

Author

Time

Seller Financing Question - Taxes on Installment Payments of Primary Residence

BYUFootballisBack

3/22/19 9:34am

if you qualify for the exclusion, you will exclude all the gain up front. Only

byuprof

3/22/19 9:39am

It would be reported as interest income not a capital gain

KSwiss

3/22/19 11:44am

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