Installment Sales
I have 5 siblings who sold their rental property and holding the mortgage. I've accounted for everything at 20% over the years including depreciation. Do I show 20% on the Installment Sale form as well?
Thank you
I have 5 siblings who sold their rental property and holding the mortgage. I've accounted for everything at 20% over the years including depreciation. Do I show 20% on the Installment Sale form as well?
Thank you
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