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reggiez
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How do I record a baNK loan on a 1065 form in owners equity? loan used to purchase additional property. Trying to get the balance sheet to balance

 
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Anonymous
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How do I record a baNK loan on a 1065 form in owners equity? loan used to purchase additional property. Trying to get the balance sheet to balance

 
Anonymous
Not applicable

How do I record a baNK loan on a 1065 form in owners equity? loan used to purchase additional property. Trying to get the balance sheet to balance

if the loan was made to the partnership you enter it as a liability, not as owner's equity.  if the loan was made to a partner and the partner contributed the loan proceeds to the partnership this a capital contribution by the partner.   

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