We have an LLC which built and sold a speculative home in 2020. My husband and I loaned the LLC most of the funds needed and supported that loan with a note from the LLC to my husband and me, with interest at the IRS friends and family rate. I have calculated the amount of interest that was paid but having trouble figuring out exactly where in Turbo Tax Business (we file a Form 1065 with K-1s) we will need to enter the interest so that is flows through to our K-1's. Any advice?
