Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Products
  • Workflow Tools
  • Learn & Support
  • Sign In
  • Products
  • Workflow Tools
  • Contact Us
  • Sign In
  • Learn & Support
    • Created with Sketch. In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
    Created with Sketch. In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
    cancel
    Turn on suggestions
    Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
    Showing results for 
    Search instead for 
    Did you mean: 

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

    sharol
    Level 3
    ‎05-26-2021 12:23 PM
    Is it considered an "other liability" so it will not be qualified non-recourse?
    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    2 Comments 2
    qbteachmt
    Level 15
    ‎05-26-2021 01:04 PM

    How do you enter it Where? 1065? 1040?

    *******************************
    "Level Up" is a gaming function, not a real life function.
    0 Cheers
    sharol
    Level 3
    ‎05-26-2021 01:08 PM

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

    0 Cheers
    Intuit Lacerte Tax
    Intuit ProConnect Tax
    Intuit ProSeries Tax
    Additional Accounting Solutions
    Tax Pro Center
    Tax Practice Resources
    Call sales: 844-877-9422
    Sitemap

    ©1997-2024 Intuit, Inc. All rights reserved.

    Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

    By accessing and using this page you agree to the Terms and Conditions.

    About Cookies | Manage Cookies
    Legal Privacy Security