Partnerhip contribution input for appreciated, indebted property
LacertePartnership - When a partner contributes appreciated property subject to indebtedness that is greater than the basis of the property, where is the proper place in Lacert to input: 1. built-in gains, 2. basis of partner's interest, 3. partner's liability assumed by partnership?
I have a return where a partner contributed real estate with a basis of 150k, a market value of $350k, debt of $300k. I don't know how to input all of the necessary pieces of this transaction into Lacert.

