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What? Is this an installment sale? Did you sell your rental property and agree to let the buyer pay in installments?
it seems you'll be getting installment payments (principal payments in more than one year)
if so, you have an option. you can report the entire sale in the first year. after that, you only report the interest payments each year. or you can use the installment method (gain is recognized in proportion to the principal payments received) by using form 6252. also every year you must report the interest received.
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