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Old 02-06-2006, 12:43 PM
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Join Date: Feb 2006
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Taxes on Real estate contract

INDIANA

We are selling our home on a contract, he pays 423$ a month. Do we claim that on our taxes the same as "rent collected"?

Technically, that is what he is paying, it is sort of a rent to own basis. So I assume that is how we calim that income, right?
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