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It certainly is a sale. The question is if it was an installment sale or you just holded a mortgage during the time that they were paying for it. This could be determined in the form that the sale was structure.
It is not a rent-to-own option agreement since at no time they had to buy the house for a set price. The price and payment terms were set at the time that such agreement was sign. therefore, it becomes an installment sale
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