Dottie Fauci
Level 2

The $88,000 is the selling price of the rental home.  On the Installment Sale Form 6252, I did link the Installment Sale Form 6252 to the Schedule E for this rental. It calculates the gross profit percentage (.8720), that looks right. On the asset worksheets, do I enter the amount of the asset that was depreciated? When I did that, the system looks like it's taking the whole $88,000 sales price as income, but they haven't received all the money.

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