qbteachmt
Level 15

Okay, then nothing changed for the partnership. There is no new depreciation. Start here:

https://accountants.intuit.com/support/en-us/help-article/file-management/adding-removing-partners-s...

It still isn't clear who is benefiting from the payments, which seem to be a buy in and not a purchase of partner interest. It will matter, if you are doing the 1065 and also the individual 1040s.

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