https://ttlc.intuit.com/community/taxes/discussion/re-recourse-liabilities-form-1065/01/1626972#M576992 <P>Duplicate</P> Tue, 09 Jun 2020 14:56:24 GMT Anonymous_ 2020-06-09T14:56:24Z https://ttlc.intuit.com/community/taxes/discussion/recourse-liabilities-form-1065/01/1619283#M574514 <P>I have 2 separate mortgages on 2 separate rental properties and these are listed on my TT balance sheet.&nbsp; On the K-1's, they are showing up as "Qualified Non Recourse Financing".&nbsp; Previously, when my CPA did my taxes, this debt was listed on the K-1's as "Recourse" debt. I spoke to them and their logic was even though the bank will foreclose on the property should you default on the loan(s), they can still come after you personally.&nbsp; Is there a way to input this debt amount as a mortgage in the balance sheet and have it listed as "Recourse" debt on the K-1 instead of "Qualified Nonrecourse financing"? &nbsp;</P> Tue, 02 Jun 2020 23:05:50 GMT https://ttlc.intuit.com/community/taxes/discussion/recourse-liabilities-form-1065/01/1619283#M574514 garyt22 2020-06-02T23:05:50Z https://ttlc.intuit.com/community/taxes/discussion/re-recourse-liabilities-form-1065/01/1626972#M576992 <P>Duplicate</P> Tue, 09 Jun 2020 14:56:24 GMT https://ttlc.intuit.com/community/taxes/discussion/re-recourse-liabilities-form-1065/01/1626972#M576992 Anonymous_ 2020-06-09T14:56:24Z