Sorry for the poorly worded question. When I said "our" I was revering to the LLC's tenants security deposit. I do believe the proper accounting treatment is a liability for the security deposits received and my balance sheet ties right now.
My only problem is getting the security deposits, which I input in the in Section L of the 1065 (pg 5), row 17, the error is showing in the "Partners and Liabilities Smart Worksheet section" row D. Then my next error is in the Schedule K Reconciliation K-1 (K3) Liab Other - End which is not showing the allocation of the security deposits.
I appreciate anyone trying to help on this.
