Loans only increase the basis for partnerships. S-Corps have 2 different kinds of basis. Stock basis and Shareholder Loan Basis. Therefore the only basis that would be considered for a loan, is the amount that the shareholder personally lends the company. In this case, this would increase the loan basis. All other loans do not increase the basis.
AUD - 80
BEC - 86
FAR - 81
REG - 89
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