I have a rental home that for years was reported on a schedule E. I sold this home on land contract and it is being reported as an installment sale. Recently, I began receiving judgement payments from a tenant that owed back rent prior to selling the home, 3 years ago. I am looking for help determining where to report the judgement payments which are satisfying the back rent. If I report them on Sch C it will be subject to SE tax. I am no longer reporting the property on Sch E so my assumption is it doesn't belong there as a stand alone or added to another active property.
