@Opus 17 wrote:
Under your sales contract, do you keep the money even if the buyer defaults? Then it might be your income now. But if you would be required to return a portion or all of the money if the sale falls through, then it is not your money yet.
This is the key. If it is non-refundable to the payer, it is income in 2025. If it is refundable until 2026, it would not be income until 2026.
