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Get your taxes done using TurboTax
I sold a commercial real estate building 1/1/2019. The buyers assumed the mortgage, and agreed to an installment loan for the remainder. How do I get this information into my tax return? Turbo tax will not allow me to create an installment loan (form 6252) for this transaction. The installment loan is for 7 years.
‎February 26, 2020
1:36 PM