Rental Business on T2

For a rental business, on GIFI 100, what would I enter on line 3261 - Due to Individual Shareholder(s). 

Answer

This line would cover long term debt owing to individual shareholders of the corporation, as opposed to corporate shareholders [line 3262] - often referred to as shareholders' loans. The amount could increase through additional advances, and decrease as funds are repaid.  The tax return schedules, or speculation on this forum, cannot provide meaningful analysis of this account - the supporting financial records will be the source of this information.

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