UPE on Sch E, page 2.  Separate line item is *my* preference.

Is he A) a managing partner of the business or B) is it merely an investment interest?

A) UPE like was said;

B) Investment interest on Schedule A after F4952.

Thanks!

@John Arena tomorrow when they ask you to accept a response as a solution make sure you give abc credit for that... Many accountants have never seen that...

Not a managing partner, just a limited partner (LLC member).

So he borrowed money for an investment. F4952.

Yes, he took out a personal bank loan to buy into a medical practice, which is an LLC taxed as a partnership.  Would that loan and the related interest expense still considered to be investment?

Perhaps it needs to be clarified: "F4952"

Means "put it on Form 4952."

He is, thanks for the help.

B) Investment interest on Schedule A after Form 4952.