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How do I enter a mortgage personally guaranteed by members of LLC?

sharol
Level 3
Is it considered an "other liability" so it will not be qualified non-recourse?
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2 Comments 2
qbteachmt
Level 15

How do you enter it Where? 1065? 1040?

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sharol
Level 3

ON 1065.  I think I fixed it in the Partner's Liabilities Smart Worksheet by putting on the Line D Recourse. Thanks

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