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JimGT
New Member

What amount get's added to the "Paid to acquire partnership" line on the Interest Expenses page? Is this the total initial loan? Or the principal amount?

 
1 Reply

What amount get's added to the "Paid to acquire partnership" line on the Interest Expenses page? Is this the total initial loan? Or the principal amount?

It is the interest on money borrowed to acquire an interest in a limited partnership or a partnership in which you are not an active partner.