I purchased a house to fix up in Feb 22 for 93K I spent 2K b4 sold on installment in July 22 for 115K. I rec'd 4K down payment and $3K in pmts Aug-Dec How do I report?

Do I report the 7K of income (4K + 3K) less $2K of expenses in 2022? Not sure what forms? 
or do I wait until I receive the 1st payment in the year AFTER the sale to report any of this? TIA