Tax benefits of using seller financing

[Tanner K.]

What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the seller benefit from this on their taxes? How does it effect capital gains tax? How can they write off the payments or the interest? How can they lessen the tax burden of the sale by doing contract for deed?