How do I enter "Interest" from a mortgage owned an S Corp?

[pedz]

My S Corp owns a mortgage.  I owner financed my house and then transferred the note into my S Corp.  I'm doing TurboTax for the S Corp and I entered the income as "Interest" and I see on the K-1 that interest has its own place.  I just wanted to verify that I'm doing this right.  I thought I remember seeing something specific about mortgages somewhere within TurboTax but now I can't find it.

Also, I had a prompt to verify that I reviewed the changes to the K-1 codes (or words to that effect).  I looked and looked and did some web searches but couldn't really see anything to verify.

[Rick19744]

This question has a number of issues:

• You indicate that the S corporation owns a mortgage
  • Not sure the relevancy of this to the question; but see follow-up question below
• What is the business purpose of this S corporation
• You then indicate that you owner financed the sale of your home and transferred the note to the S corp
  • How does this relate to the trade or business of the S corp
  • How does this relate to the initial question
• An S corporation is a pass-through entity and the character of income, expense, etc. stays the same when it flows out to the shareholder(s)
• Not sure what you are attempting to accomplish