If you are the mortgage holder for a property that you sold, It sounds like you have a Self-Financed Loans.
- TurboTax can assist you in posting this transaction.
- Turbo tax does not make file format conversions; however, You can use online tools like DocHub or miniPDF to convert a PDF to ASCII.
To post this income, follow these steps:
Select Tax Tools
- This is on the left sidebar
- You may have to minimize the Federal and State options
- You also may have to scroll down on that menu
- Once you can work on Tax Tools
- On the drop-down select Tools
- There will be 3 or 4 green boxes
- Select Topics Search
- Type Mortgage Interest received
- You will see Any Seller-Financed Loans? Yes
- Enter Seller-Financed Interest You Received
- Continue through the questions.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
