Hi GarnetP!
If I understand correctly, the land falls under ownership of the shareholder's, and not the corporation. In this case, any time a mortgage payment is made, then a withdrawal needs to be made from the corporate bank account, and needs to be coded to Shareholder's Loan. You can access this account in the Transaction Entry screen by using line type L-. You cannot claim the interest charged as an expense to the corporation, since the mortgage does not belong to the corporation.
I hope this helps!
