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Thank You I'm sorry about the confusion.. Your answer helped me

I am so sorry but I neglected to state this is concerning filing it on income tax

Thank you for your fast reply. Concerning your answer the total of the interest when home is paid for will still be below what I filed at court house. Does this still require me to pay tax on...

I am selling a inherited home by land contract. Do I pay taxes on interest. No gain on value of house

I inherited my Dads house and I am selling it on a land contract. It is being sold lower then turned in to court house records. Do I turn in the interest being made on the house.Still in my name...