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What is the tax treatment realized on the 1st installment payment? The terms of the agreement are a $3,800,000 installment note, 20% down payment, 7-year,

What is the tax treatment realized on the 1st installment payment? The terms of the agreement are a $3,800,000 installment note, 20% down payment, 7-year, 4%note? The tax basis is $875,000

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