Land installment sale

[cclark]

I have a couple who sold land on an installment agreement. The land sale was $725,000 and the buyer put a down payment of $200,000. The installment agreement is for $525,000. Where do I enter the cash down payment  of $200,000? The installment agreement is for $525,000. The installment agreement is only for 5 years.

Thanks!

[IRonMaN · Accepted solution]

The 6252 starts off with the total selling price.  The downpayment would be part of the current year collections.