Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.

I’ve been searching for a form or contract I could use to recast or modify the terms of a loan that I seller financed a few years ago, with the intention of lowering the monthly payment for the borrowers and extending the repayment timeline.

It's really hard for me to think there is any bar left out there after that. 

The answers to these should form a good foundation for the forum to respond with some ideas. 

I'm sure there are other features to compare, but these are what made the difference for me.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

That's a hard pass for me.

I'd happily accept the former, though the 16% YOY property tax increase would be a non-starter for me.

You'll need to report this recapture on IRS Form 4797 in your 2025 tax return.