1) you will get a 1099-S at closing ... look for it in the pile of papers you go home with
2) you need to have an amortization table to keep track of the payments showing the breakdown into principle and interest ... both parties will need to get one.
3) no 1099-INT is issued by anyone and you will not issue a 1098 for the mort int paid either. In the program you will report the principle and interest paid in the installment sale section ... the interest portion will be reported on the Sch B automatically. You will need the name, address and SS# of the buyer for the Sch B and they will need your name, address and SS# for their Sch A so make sure you exchange info at closing.
