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Pfc1opa
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Recording business expenses for loan repayment

My wife co-owned a 2 party  LLC,  that was a Vacation Rental house.  I loaned the llc 200000 for to buy out one partner a couple of years ago.   Assuming she and the partner paid 400000 for the house and sold it for 750000, where would we report the 200000 repayment to me if it's even possible. 

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Recording business expenses for loan repayment

Paying off loans are not part of the sales transaction on the tax return, so nothing needs to be reported.

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