Investors & landlords

@ren12

 

This has some logic to it although for the pass-through entity the K-1 entries would have $0 capital contributed and -$7,XXX losses which in my mind raises the question of: how can you have losses from a business to which you contributed $0?

 

But I think the data in the capital contributed is ultimately not used at all by turbotax, or at least that's my impression because I was looking at the form 8995-a that they generate and the amount of capital contributed doesn't show up anywhere as far as I can tell so perhaps it doesn't even matter what I put there...