During the middle of this year I sold my rental property under a land deed contract. I still own the property, but the buyer is paying all taxes, insurance, and utilities; they also put a down payment on the contract for deed. Do I file only half the year as rental property, and then what do I do the rest of the year? This is not an Installment Sale, because I am not making any money off the sale. Do I keep it as a rental property and just input the down payment, taxes, insurance, and utilities. I am at a loss, any help would be greatly appreciated.
