Do I need to report gain from the sale of Maine real or tangible property as a nonresident?

Nonresidents may elect to recognize the entire gain or loss from an installment sale during the taxable year of real or tangible property located in Maine. The election may only be made on a timely filed original return and, once made, is irrevocable. Entering an amount here will be considered an election.

Enter the total gain from the sale of the Maine property that would have been included in your federal adjusted gross income if you had not reported the gain or loss on the installment sale basis, minus the amount of the gain from the sale already included in your federal adjusted gross income.