I sold a rental property last year & filed taxes with an installment sale, now i had to foreclose so how do i enter the information next year?

[Carl]

You need to seek professional help with this. So go ahead and make an appointment with a local tax pro now, before they all fill up. This is especially true if your state also taxes personal income.

[Mike9241]

if you want to attempt it you can use iRS publication 537. look for the section for repossession of real property.

worksheet D will determine if you have a gain. Worksheet E will determine the basis of the repossessed property