Sorry for the confusion, Carl.
We operated the house as a Rental for over 30 Years, prior to the sale. It had Depreciated to ZERO.
The Original Buyer paid $3,500 DOWN, and we carried the Balance of $20,000. WE NEVER HAD A MORTGAGE LENDER TO US. The $14, 615 is what the Original Buyer owed US, when they Defaulted.
I now have the house I sold in 2012, plus the same house that closes next Monday, Both on my 2016 TurboTax.
So far I gave the Second Selling of the house a slightly different Name, just to keep them separated.
