Thank you for your question.
Is this a private sell where you are selling your own property?
Or are you in the business of making such loans?
Thank you for getting back to me.
You need to refigure your basis using the worksheet "B" in the following publication. This is normally done when reducing the price after you have started, but it can also be used to make adjustments in your situation and in situations where a price was increased.
Try this and see if it works.
You may have to override TT, and if you do that, then TT may not accept the return for electronic filing. You may have to mail this return in.
Thanks for getting back to me. That was my error, sorry.
Here is the link to the form to use. Remember you are just using the form to figure the new base.
Work sheet B in this publication: http://www.irs.gov/pub/irs-pdf/p537.pdf