Ok. Then for @vbwilks you will need to go into forms mode M-1 section and locate the line 4 (expenses on books not on return) and enter the amount you believe should be capitalized.
This only applies if the sale of a house straddles the tax years for when guaranteed payments are made.
Then the following year, when the house is sold, you will once again need to go into the forms mode M-1 section and enter the same amount as prior year except on line 7 (expenses on the return not on books).
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
