They are coming out of the woodwork now.
A client sold his house ti invertors in October 2025. They received 2/3 of sale price in cash and received the other 1/2 in 2026 after investor sold the house. How do I report this sale. Would it be an installment sale or would I use complete sale in 2025
A client sold his house ti invertors in October 2025. They received 2/3 of sale price in cash and received the other 1/2 in 2026 after investor sold the house. How do I report this sale. Would it be an installment sale or would I use complete sale in 2025