Selling primary residence seller finance tax question

[Simon Martinez]

So I’m looking to sell my primary residence and found a potential buyer that stated they would like to buy my home seller finance .

My question is, what are the tax implications for that . I bought it for about $80,000 and if sold it would sold for $230,000. I was looking forward to getting the tax benefit of selling my home for up to $250k tax free gain .

However my question is if I sell it seller finance it now is considered a installment sell which makes me wonder do I still get to get the full amount tax free ?

Or do I have to pay the taxes on the gain if i do the seller finance route .