Foxy-Lady
Level 3

That is exactly what he did. He sold it to a family member. Received  $550 per month for Nov & Dec,  it included escrow and principal.  There is no interest so I know it should be considered implied.  I am totally lost on how I show it.  The original price was $36,331.  Depreciation to recapture would be $25,613.

From what I understand cannot use installment.  Please help.

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