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Commercial property mortgage interest earned

Where do I enter interest received from a mortgage loan that I took back on the sale of commercial property?

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PatriciaV
Expert Alumni

Commercial property mortgage interest earned

Yes, you can report this interest income under Federal >> Wages & Income >> Less Common Investments and Savings >> Interest from Seller-Financed Loans. Click Start and follow the interview to report the interest you received.

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1 Reply
PatriciaV
Expert Alumni

Commercial property mortgage interest earned

Yes, you can report this interest income under Federal >> Wages & Income >> Less Common Investments and Savings >> Interest from Seller-Financed Loans. Click Start and follow the interview to report the interest you received.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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