asgaardn
New Member

Land contract fell through and then sold home to another person via realtor

I purchased a home in 2005 for 149000 and sold on land contract in 2012.  I have been claiming the interest paid by the buyer as income via installment sale.  They buyer decided not to buy in May 2015.  I listed the home with a realtor and sold the home for $146,230 on June 15, 2016.  How do I report this on my taxes?