I find this difficult to understand, but I guess you want to lend your own money to your S-Corp and that money will be used to pay off a mortgage on some property the S-Corp owns.
If that's the case then the balance sheet entry would be a reduction in "Mortgages, notes, bonds payable in less than 1 year" and/or "Mortgages, notes, bonds payable in 1 year or more" and an offsetting increase in "Loans from shareholders".
If you then sell the S-Corp and the new owner or owners pay off the loan from shareholder that certainly would not be considered "income" to you.
Tom Young
