George4Tacks
Level 15

As stated, both are acceptable. You, as a paid professional, should determine which is the best tax strategy. All at once, or spread over several year? To spread, you will need to file 6252 each year. Regardless of method, you need to file 8594 in the year of sale. 

Carefully look at this year's income and what the projected other income will be for the next x years. 


Here's wishing you many Happy Returns
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