How do I report a mortgaged rent house I sold in 3/16 to my brother on a non interest note to me? I make payments for the original mortgage, property taxes and insurance.

[ronddavidson]

How do I handle prior depreciation and do I continue to depreciate until the the note to me is paid for?

[view2 · Accepted solution]

Tax implication are complex in sales to a related party and you should seek the advice of a tax Pro.