Who can claim interest paid on a seller finance property?

[Anirudh Reddy]

Hello,

I sold a property on seller finance in August 2024. The loan is still on my name, but is being paid off every month by my buyer. So, for the interest paid on the loan from August through December, who can claim the interest for tax purposes? Can I claim since the loan is on my name? One of my associate mentioned that both me as a seller and the buyer can claim the interest paid every month, but I am not sure if that makes any sense. 

Any help is greatly appreciated. 

Thanks,

Ani